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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Jan- 2020 -23 January
57,000 retail jobs lost in 2019
Some 57,000 retail jobs were shed in 2019, according to the latest retail employment monitor from the British Retail Consortium…
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23 January
Asos sees 20% increase in group revenues
Online retailer Asos has reported a 20% increase in group revenues to £1.6bn, attributed to a “record” Black Friday and…
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22 January
Pets at Home revenues jump in Q3 results
Pets at Home has reported a 7.9% increase in group total revenues to £255.9m in its third-quarter results. The pet…
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22 January
Full value of Ted Baker accounting blunder revealed to be £58m
Fashion retailer Ted Baker has revealed that an accounting overstatement – thought to originally amount to between £20m-£25 – is…
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22 January
WH Smith travel division drives revenue growth
WH Smith has announced it delivered a “good performance” over the Christmas trading period, with total revenue up 7% for…
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22 January
Sainsbury’s CEO Mike Coupe to retire after six years
Sainsbury’s has announced its CEO Mike Coupe is set to retire this year, after almost six years in the role.…
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21 January
Dixons Carphone Christmas trading dragged down by mobile
Dixons Carphone’s trading results for the 10-week period ended 4 January 2020 has been dragged down by a 9% slump…
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21 January
The Dune Group CEO James Cox announces departure
The Dune Group’s CEO, James Cox, is set to depart from the shoe retailer on 9 March, after more than…
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21 January
Aldi hikes minimum wage
Aldi has announced it will implement “market leading” pay rates for its store colleagues. All employees will earn a minimum…
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21 January
Joules revenues hit by late Black Friday
Fashion retailer Joules has reported a 1.4% decrease in group revenue to £111.6m for the half-year period ended 24 November…
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