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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Oct- 2020 -1 October
Retail coalition calls for government inquiry on retail violence
Several retail trade bodies have formed a coalition to call on parliament to launch an inquiry on retail violence, in…
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1 October
H&M to close stores as online sales rise
H&M has announced that it is planning to close around 250 stores next year, as more of its customers shift…
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1 October
Sainsbury’s expands online delivery capacity
Sainsbury’s has announced plans to expand its online grocery capacity to deliver 700,000 weekly orders by the end of October.…
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1 October
Kingfisher offloads Russian chain in £73m deal
B&Q and Screwfix owner Kingfisher has announced it has offloaded Castorama Russia to Russian home improvement firm Maxidom in a…
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1 October
Halfords raises expectations amid ‘positive momentum’
Halfords has announced that its pre-tax profit in the first half of the year is now expected to be in…
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Sep- 2020 -30 September
Hammerson appoints Rita-Rose Gagné as CEO
Hammerson has announced the appointment of Rita-Rose Gagné as its new chief executive officer and executive director. Gagné was most…
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30 September
N Brown reveals H1 recovery on back of homeware demand
The N Brown group has posted a “recovery” in H1 sales following an increased demand for homeware. N Brown said…
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30 September
Studio reveals strong autumn retail performance
Studio Retail Group has reported strong retail trading in the early weeks of its autumn season, with gifting and early…
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30 September
Boohoo raises forecast as profits soar
Boohoo has reported that pre-tax profit soared by 51% to £68.1m in its latest half-year results. In addition, revenue soared…
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29 September
ScS posts full year loss despite post-lockdown boost
ScS has revealed it made a statutory loss of £3.1m before tax in the preliminary results for the year ending…
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