News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Jun- 2018 -18 June
Google and JD.com partner to create ‘frictionless shopping’
Search giant Google and online retailer JD.com have announced a partnership to create “frictionless shopping” experiences. Google, which invested $550m…
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18 June
Bitcoin in retail could ‘bring the internet to a halt’
A new report from the Bank of International Settlements (BIS) in Switzerland has claimed Bitcoin would “bring the internet to…
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18 June
John Lewis pilots buy-back service for unwanted clothing
John Lewis has announced it is to trial an industry-first scheme allowing customers to sell back unwanted clothing to help…
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18 June
Card payments overtake cash for the first time in the UK
Cards have overtaken cash as Britain’s most frequently used method of payment, thanks to the rise in contactless cards. Steve…
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18 June
Calvetron Brands to shut 102 Jacques Vert and Precis concessions
Benjamin Wiles, Trevor Birch and Philip Duffy of Duff & Phelps, joint administrators to Calvetron Brands, have announced they are…
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15 June
Microsoft to take on Amazon in checkout-free showdown
Microsoft is reportedly working on technology to cut out cashiers and checkout queues in shops in the first challenge to…
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15 June
H&M sales fail to hit expectations
The Swedish fashion brand H&M has revealed that it missed its sales expectations for the second quarter sales growth in…
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15 June
Parfetts Cash and Carry acquires Blakemore Wholesale
Retailer Parfetts Cash and Carry has acquired Middlesbrough-based food retail and distributor Blakemore Wholesale for an undisclosed sum. Parfetts now…
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15 June
Royal wedding boosts retail sales in May
The quantity bought in the retail industry increased by 1.3% in May 2018 when compared with April 2018, according to…
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15 June
Tesco’s sales rise with Booker’s acquisition
Tesco has increased its sales for the 10th quarter in the three-months to 26 May, meaning its acquisition of wholesaler…
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