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 -7 January
Morrisons sales suffer over Christmas period
Morrisons has been hit by an “unusually challenging” festive period, it has announced in its latest trading update. Like-for-like sales,…
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7 January
Kingfisher appoints new chief customer and digital officer
Kingfisher has appointed Jean-Jacques Van Oosten as its new chief customer and digital officer. Van Oosten joins Kingfisher from The…
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6 January
HMV to close three stores and warns of more if rent negotiations fail
HMV has confirmed that three of its stores will close this month and has warned that a further 10 could…
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6 January
Mountain Warehouse reports ‘record’ trading over festive period
Mountain Warehouse has reported “record” Christmas trading with sales up 16.2% to £95.8m in the 13 weeks to December 2019.…
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6 January
Debenhams announces 19 store closures
Debenhams has announced the closure of 19 of its UK stores, resulting in 660 job losses. The department store, which…
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6 January
Aldi sales top £1bn amid ‘record’ Christmas
Supermarket giant Aldi saw sales soar over the festive period, with sales topping £1bn for the first time. In the…
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3 January
More than a quarter of retail staff look for new job in January
New research has found that nearly 30% of employees in retail customer service roles are most likely to look for…
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3 January
UK music sales hit 14-year high
2019 marked the fifth consecutive year of growth in the consumption of recorded music in the UK, according to figures…
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3 January
Arcadia Group confirms Westfield Stratford Topshop closure
Arcadia group has confirmed its Topshop and Topman sites at London Westfield Stratford City will close, Drapers reports. The two-storey…
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3 January
Next hikes profit forecast after Christmas sales boost
Next has announced a lift to its full-year profit guidance after strong trading over the festive period. Full price sales…
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