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 -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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18 November
Asda gears up for ‘record Christmas’ as Q3 sales rise 2.7%
Asda has revealed it is gearing up for a “record Christmas” after it revealed its like-for-like sales increased by 2.7%…
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18 November
Halfords profits double in ‘very strong’ H1
Halfords has welcomed a “very strong” half-year of trading, with pre-tax profit soaring 116.2% to £56m in the half-year ended…
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17 November
The Hut Group CEO to receive £830m shares payout
The Hut Group (THG) CEO Matthew Moulding is set to receive an £830m shares payout after the company’s share price…
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17 November
Lockdown footfall ‘more resilient’ than in March
Footfall across UK retail destinations showed signs of resilience when compared with the first national lockdown last week, with footfall…
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17 November
Consumer confidence falls with Covid restrictions
Consumer confidence in the UK has dropped significantly with the introduction of further pandemic restrictions, according to new data from…
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17 November
Boohoo appoints chair of audit committee
Boohoo has announced the appointment of Shaun McCabe to its board as an independent non-executive director, where he will assume…
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16 November
JD Sports enters race for Debenhams
JD Sports has reportedly entered the race to acquire embattled department store Debenhams, and has been granted access to Debenhams’…
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16 November
Arcadia Group enters ‘urgent’ borrowing talks
Arcadia Group, the parent company of Topshop, has reportedly entered “urgent” borrowing talks in a bid to secure funding and…
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