News
News is Retail Sector’s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.
Retail Sector’s news coverage focuses on the business realities behind the headlines — providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.
-
Jun- 2018 -20 June
Sainsbury’s trials ‘relaxed’ shopping lanes
Sainsbury’s has introduced a relaxed shopping lane at its Prestwick store in a trial which will run for a month. The shopping lane is for shoppers who take a little longer in the supermarket, allowing them to be slower than the regular customer. This measure is said to be potentially…
Read More » -
20 June
Welsh face beer and soft drinks shortage during World Cup
A beer and soft drinks shortage has hit the industry in Welsh pubs and shops this summer, just in time for massively increased demand during the World Cup. Drink-makers are concerned over CO2 supply, gas which carbonates beer and soft drinks, at the time when temperatures are rising. The cause…
Read More » -
20 June
Hornby announces £10.1m loss
Hornby has announced a pre-tax loss of £10.1m and “lower than expected sales” leading to shares plummeting by 20% this morning. Revenue at the toy manufacturer has also dropped 20% to £37.5m and losses after tax rose to £9.9m. A Hornby spokesperson told Retail Sector a key factor in the…
Read More » -
20 June
Independent retailers feeling ‘optimistic’ about high street future
More than half of the nation’s independent high street retailers are optimistic about the future of their local high street – and four out of five shoppers would miss their local high street if it was no longer there. This is according to new research to launch the government-run Great…
Read More » -
20 June
Retailers still lack critical data security measures
Retail businesses in the UK still lack critical data security policies, procedures and trainings, according to a new report. Data from secure paper shredding firm Shred-it’s annual State of the Industry Report showed 25% of retailers have no information security policies or procedures in place, and over 35% have no…
Read More » -
20 June
House of Fraser lenders agree to extend loans
House of Fraser has agreed an extension for its loans ahead of this Friday’s vote on a possible CVA that could see 31 stores close. According to the Press Association, the lender has conditionally agreed to a £125m loan as well as a £100m revolving credit facility providing the planned…
Read More » -
19 June
Eat avoids CVA decision following sales boost
Sandwich chain Eat has avoided making the decision to draft in advisors as recent closures and an increase in sales have put the company back on track, Retail Sector understands. In February, the chain was reported to have appointed advisors KPMG to help it with its restructuring plan which included…
Read More » -
19 June
Plastic-free supermarket Clean Kilo opens in Birmingham
A plastic-free supermarket has opened today in Birmingham. The Clean Kilo, which claims it is the first such supermarket in the city, offers plastic-free food products in addition to household, baking and cleaning products. Customers can bring their own reusable bags and containers to shop at the Digbeth-based store. The…
Read More » -
19 June
Bonmarché’s £8m profits fight off ‘challenging trading conditions’
Bonmarché has fought off “challenging trading conditions” affecting many high street retailers by posting a 38% increase in profit before tax to £8m in its latest preliminary results for FY18. The women’s clothing retailer reported a surge in profits despite a fall in revenue from £190m to £186m. Store like-for-like…
Read More » -
19 June
Strongest May growth for online retail since 2010
UK online retail sales were up 19.4% year-on-year amid high temperatures, the royal wedding and the FA Cup Final, according to new data. The latest IMRG Capgemini e-Retail Sales Index showed two bank holidays during the same period also contributed to the highest YoY increase for May since 2010 and…
Read More »
