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- 2020 -17 January
Paphitis delivers ‘resilient’ full year and Christmas performance
The Paphitis retail group has reported a ‘resilient’ performance amid ‘challenging’ conditions in both its full year and Christmas results. …
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17 January
Morrisons appoints new executive promotions
Morrisons has appointed Andy Atkinson as its group commercial director and David Lepley its group retail director. The news follows…
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16 January
Primark sales jump in first-quarter results
Associated British Food (ABF) has reported a 4% increase in group revenue for the 16 weeks ended 4 January 2020,…
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16 January
The Works CEO steps down despite ‘solid’ Christmas sales
The CEO of gifts and crafts retailer The Works has stepped down from his role, despite the company reporting “solid”…
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16 January
N Brown Group issues profit warning amid falling revenues
The owner of plus size clothing brands Simply Be and Jacamo, the N Brown Group, has issued a profit warning…
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16 January
Halfords hails ‘strong’ Q3 sales performance
Halfords has reported a “solid” performance in its third quarter of trading, with total group revenue up 4.6%. In the…
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15 January
22,000 retail jobs lost in 2019 due to administrations
Almost 22,000 retail jobs were lost in 2019, according to new data from specialist finance broker firm ABC Finance. Some…
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15 January
Moody’s downgrades M&S credit score to negative
Moody’s has downgraded Marks and Spencer’s outlook from stable to negative after it reported a 0.7% decline in revenues in…
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15 January
Very reports a 6.1% increase in revenues in the festive period
Online retailer Very has reported a 6.1% increase in revenues during the seven weeks to 27 December. The brand, which…
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15 January
Quiz sales tumble amid ‘challenging’ Christmas
Quiz suffered a “disappointing” period of Christmas sales, as group revenue fell by 9.3% over the seven week period ended…
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