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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Nov- 2020 -20 November
Aldi expands delivery trial to 130 stores
Aldi has announced it is expanding its on-demand delivery trial with Deliveroo to 130 stores across the UK, with the…
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19 November
Kingfisher reports 17.6% sales growth in Q3
Kingfisher has announced that sales rose by 17.6% to £3.5bn in the third quarter ended 31 October. In light of…
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19 November
Westfield appoints new CEO
Westfield has announced the appointment of Jean-Marie Tritant as CEO, succeeding Christophe Cuvillier in the role. Trident will assume the…
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19 November
Black Friday online sales set to rise 50%
Black Friday online sales are set to increase by around £2bn this year, with total online sales predicted to rise…
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19 November
Naked Wine revenue soars 80% in H1
Naked Wines saw revenues soar by 80% to £157.1m in the half-year ended 28 September 2020. The group also reported…
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18 November
British Land profits slump 29% in half-year results
British Land has reported that underlying profit slumped 29.6% to £107m in its latest half-year results, down from £152m the…
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18 November
Hut Group appoints non-executive director
The Hut Group (THG) has appointed Damian Sanders as its independent non-executive director. Sanders, who until recently was a senior…
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18 November
Asda gears up for ‘record Christmas’ as Q3 sales rise 2.7%
Asda has revealed it is gearing up for a “record Christmas” after it revealed its like-for-like sales increased by 2.7%…
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18 November
Halfords profits double in ‘very strong’ H1
Halfords has welcomed a “very strong” half-year of trading, with pre-tax profit soaring 116.2% to £56m in the half-year ended…
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17 November
The Hut Group CEO to receive £830m shares payout
The Hut Group (THG) CEO Matthew Moulding is set to receive an £830m shares payout after the company’s share price…
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