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.
-
Mar- 2020 -5 March
John Lewis profits plummet 23% in full-year results
The John Lewis Partnership saw profits plummet by 23% to £123m for the year ended 25 January 2020, resulting in…
Read More » -
5 March
H&M launches global supply chain initiative
H&M announced it will be launching a new initiative to provide other retailers access to its global supply chain, in…
Read More » -
5 March
Tesco launches campaign to match prices with Aldi
‘Big 4’ grocer Tesco has announced it will start to match prices with discount supermarket Aldi on hundreds of grocery…
Read More » -
4 March
H&M to shutter Stoke-on-Trent warehouse placing 500 jobs at risk
H&M is reportedly set to close its warehouse in Stoke-on-Trent with plans to relocate its distribution to a new site.…
Read More » -
4 March
Travis Perkins revenues rise in full-year results
Travis Perkins has reported a 3.2% increase in revenues for the year ended 31 December 2019. The buildings and home…
Read More » -
4 March
Dixons Carphone appoints two new members to its executive team
Dixons Carphone has strengthened its executive team by appointing a former John Lewis Partnership exec to the role of CCO…
Read More » -
4 March
Intu abandons £1bn equity raise plans
Intu revealed it has abandoned plans to raise between £1bn and £1.5bn in emergency cash, citing “current uncertainty” in the…
Read More » -
3 March
Grocery sales increase in February
UK supermarkets saw “positive growth” in February, as total till sales increased to +0.7% in the last four weeks according…
Read More » -
3 March
B&M appoints Alex Russo as new CFO
Discount retailer B&M has announced the appointment of Alex Russo as its new chief financial officer and executive director. Russo…
Read More » -
3 March
Greggs hails ‘exceptional’ record-breaking year
Bakery chain Greggs has reported a 13.5% increase in total sales to £1.1m for the year ended 28 December 2019.…
Read More »
