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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Sep- 2019 -17 September
Asda FY sales and profits rise despite merger disappointment
Asda has reported an increase in both full-year sales and profits during the period it was the focus of an…
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17 September
One in 20 workers not receiving holiday pay, research reveals
Around one in 20 workers in the UK are not receiving any holiday entitlement, according to a recent study by…
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17 September
Late August bank holiday heatwave lifts grocery sales
The late August bank holiday heatwave lifted total supermarket sales to +2.2% in the last four weeks, according to Nielsen’s…
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17 September
French Connection losses narrow in H1
Fashion retailer French Connection has reported a reduction in its pre-tax losses for the six month period to 31 July…
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16 September
Council investments in shopping centres to top £1bn
Local councils are set to spend £1bn on buying shopping centres by the end of 2020, in a bid to…
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16 September
Aldi posts ‘record’ full-year results
Supermarket retailer Aldi has reported an 11% increase in sales to £11.3bn for the financial year ending December 2018. The…
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16 September
Clintons calls in KPMG as it mulls over potential sale
Greetings card retailer Clintons has called in advisers from KPMG as its owners explore a potential sale of the business.…
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16 September
Schuh to seek rental reductions
Footwear retailer Schuh has become the latest retailer to ask landlords for rent reductions across its retail estate, after it…
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13 September
A&B Pawnbrokers and Herbert Brown shutters UK stores
Albemarle & Bond Pawnbrokers (A&B Pawnbrokers) and Herbert Brown have shuttered stores across the country, in a sudden move that…
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13 September
Sainsbury’s to halve plastic packaging by 2025
Sainsbury’s has announced a new commitment to reduce plastic packaging by 50% by 2025. This new target includes all branded…
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