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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Nov- 2020 -20 November
Early Christmas shopping boosts retail in October
The Office for National Statistics has released its October report which showed that retail sales increased by 1.2% in the…
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20 November
M&S to keep stores open until midnight
Marks and Spencers has announced it is keeping its stores open until midnight over the Christmas period to ensure shoppers…
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20 November
Jaeger and Peacocks fall into administration, 4,700 jobs at risk
Jaeger and Peacocks have fallen into administration, placing 4,700 jobs at risk. It comes as owner EWM Group failed to…
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20 November
Aldi expands delivery trial to 130 stores
Aldi has announced it is expanding its on-demand delivery trial with Deliveroo to 130 stores across the UK, with the…
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19 November
Kingfisher reports 17.6% sales growth in Q3
Kingfisher has announced that sales rose by 17.6% to £3.5bn in the third quarter ended 31 October. In light of…
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19 November
Westfield appoints new CEO
Westfield has announced the appointment of Jean-Marie Tritant as CEO, succeeding Christophe Cuvillier in the role. Trident will assume the…
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19 November
Black Friday online sales set to rise 50%
Black Friday online sales are set to increase by around £2bn this year, with total online sales predicted to rise…
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19 November
Naked Wine revenue soars 80% in H1
Naked Wines saw revenues soar by 80% to £157.1m in the half-year ended 28 September 2020. The group also reported…
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18 November
British Land profits slump 29% in half-year results
British Land has reported that underlying profit slumped 29.6% to £107m in its latest half-year results, down from £152m the…
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18 November
Hut Group appoints non-executive director
The Hut Group (THG) has appointed Damian Sanders as its independent non-executive director. Sanders, who until recently was a senior…
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