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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Apr- 2019 -12 April
March sees first YOY non-food footfall rise
March saw the first year-on-year rise in footfall in non-food stores for over two years rising by 1.6% since February,…
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12 April
Bonmarche: Philip Day offer ‘undervalues’ business
Womenswear retailer Bonmarche has said Philip Day’s £5.7m acquisition of the company “materially undervalues” the business and its future prospects.…
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11 April
World’s largest Primark opens in Birmingham
Primark has opened the biggest store in its worldwide portfolio, in Birmingham. The new 161,000 square foot store will be…
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11 April
Quiz revenues fall short of expectations
Omni-channel fashion brand Quiz has reported a 12% increase in revenues to £130.9m for the financial year ending 31 March…
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11 April
US deal puts dent in WHSmith profits
WHSmith’s profit before tax dropped by 21% to £65m, following the retailer’s acquisition of American airport store In Motion for…
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11 April
Ted Baker appoints Lindsey Page as new CEO
Ted Baker has appointed Lindsay Page as the company’s new CEO, following the announcement the investigation into former CEO Ray…
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10 April
Dunelm sees Q3 revenues rise 12.5%
Homewares retailer Dunelm has reported a 12.5% rise in like-for-like revenue during Q3 attributed to strong growth in online sales.…
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10 April
Business confidence ‘crashes’ to lowest point since 2012
Business optimism has “crashed” to its lowest level since September 2012, according to a new report from accountants and business…
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10 April
Asos hit by 87% profit fall
Online clothing retailer, Asos has announced an 87% fall in pre-tax profits down to £4m for the six months leading…
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10 April
Mike Ashley promises to ‘save’ Debenhams
Mike Ashley has made a promise to “save as many Debenhams stores and jobs” as he can similarly to House…
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