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- 2021 -14 January
Online sales growth hits 13-year high
UK online sales growth remained solid throughout December, coming in at +37% year-on-year (YoY) for the month and driving the…
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14 January
Tesco reports record breaking Christmas
Tesco has reported the results of its “record Christmas”, however warned that it still expects to take a £810m hit…
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14 January
Boohoo raises guidance as revenue soars
Boohoo has welcomed a period of “strong” trading towards the end of last year, with revenue soaring by 40% to…
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14 January
Primark predicts £1.1bn sales loss amid store closures
AB Foods, the owner of clothing retailer Primark, has issued a warning of a hit from lost retail sales of…
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13 January
Debenhams to shutter six stores, 320 jobs affected
Debenhams has announced that six of its sites will no longer reopen this year, as part of the group’s ongoing…
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13 January
2,000 Edinburgh Woollen Mill jobs saved in rescue deal
Around 2,000 jobs are to be saved at Philip Day’s Edinburgh Woollen Mill Group after international investors agreed a deal…
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13 January
John Lewis Partnership to enforce face coverings in stores
John Lewis Partnership has announced it will tighten its Covid-19 rules by insisting that all customers wear a face covering…
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13 January
Asos sees UK sales soar by 36%
Asos has revealed that revenue growth for the four months ending in 2020 has ”surpassed expectations”, with the store now…
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13 January
Morrisons first supermarket to pay staff £10 an hour
Morrisons has announced a new pay deal for its employees that will see it become the first UK supermarket to…
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13 January
Lidl posts 18% December revenue increase
Discount supermarket Lidl has reported that its revenue for the four weeks to 27 December rose by 18%, according to…
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