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 -10 January
B&M reports ‘slower performance than anticipated’ in its third quarter
B&M has reported a “slower performance than anticipated”, despite a 9.3% increase in group revenues during its third quarter. Over…
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9 January
M&S reports fall in festive sales revenues
Marks and Spencer has reported a 0.7% decline in revenues in its third quarter of the current financial year to…
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9 January
‘Worst year on record’ for retail, says BRC
Total retail sales decreased by 0.1% in 2019, compared with the 1.2% increase recorded in 2018, making it the “worst…
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9 January
‘Biggest day of food sales’ helps Tesco fight Christmas slump
Strong food sales including a reported “biggest food sales day in history” helped Tesco post a slight Christmas sales increase…
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9 January
John Lewis boss steps down amid poor Christmas sales
John Lewis Partnership has announced its managing director, Paula Nickolds, will step down amid “weak” sales over the Christmas period.…
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8 January
Topps Tiles sales slump in first-quarter results
Topps Tiles has reported a 5.4% decrease in like-for-like retail revenues for the first 13 week period ended 28 December…
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8 January
Sainsbury’s Christmas sales slip as Argos struggles
Supermarket giant Sainsbury’s has posted a 0.7% decline in like-for-like sales for the 15 week period ending 4 January as…
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8 January
Shoe Zone profits slip due to ‘government imposed’ cost increases
Shoe Zone has reported a decrease in profits before tax to £9.6m, down from £11.3m the previous year, attributed to…
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8 January
Greggs to give workers £7m bonus after ‘phenomenal’ year
Total sales at Greggs increased by 13.5% in its full year results, amid a “phenomenal” year of “strong sales”. Company-managed…
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7 January
UK supermarkets experience lowest festive sales growth in five years
UK supermarkets have experienced the lowest sales growth over the Christmas period in five years, with sales growing by 0.5%…
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