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- 2019 -14 January
JD Sports ‘confident’ after strong Christmas sales growth
Sports fashion retailer JD Sports has reported a total sales growth of 15% for the 48-week period to 5 January…
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14 January
Footfall drops for 13th consecutive month in December
Footfall declined for the 13th consecutive month in December, despite heavy discounting by retailers during the festive period. Overall footfall…
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14 January
New Look reveals plan to slash debt to £350m
High street retailer New Look has announced it has reached an ‘in principle’ debt-for-equity swap proposal with key stakeholders to…
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11 January
Tesco and M&S stockpile tinned food in prep for Brexit
Tesco and Marks and Spencer have announced they are stockpiling long-life foods in preparation of a no-deal Brexit. The ‘big…
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11 January
Boohoo falls foul of ASA again over fur pom poms
Online retailer, Boohoo, has been reprimanded by the ASA (Advertising Standards Authority) again after it was found to be advertising…
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11 January
B&M shrugs off Christmas retail woes with strong revenue growth
Bargain retailer B&M has reported a 12.1% increase in group sales revenue growth for the 13 weeks to 29 December…
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11 January
Quiz issues profit warning
Fashion brand Quiz has issued a profit warning despite an 8.4% increase in group revenue in the six-week period from…
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10 January
Debenhams chairman ousted by Mike Ashley
The chairman of Debenhams, Sir Ian Cheshire, has resigned with immediate effect after Mike Ashley and other shareholders voted him…
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10 January
John Lewis staff face missing out on bonus for first time since 1953
John Lewis staff could lose their share of the department store giant’s profit for the first time since 1953. Traditionally,…
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10 January
Worst Christmas for retail in a decade, says the BRC
The retail sector has seen its worst Christmas performance in 10 years, despite a number of businesses reporting positive trading…
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