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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Dec- 2019 -18 December
400 jobs at risk as The Book People enters administration
The Book People has entered into administration, putting 400 jobs at risk. Toby Underwood and Zelf Hussain, of PWC, have…
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18 December
97% of staff are against Boxing Day trading, says Usdaw
An overwhelming majority of shop staff are opposed to Boxing Day trading, according to a new survey from workers union…
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18 December
Online sales soar in November
Online sales grew 16.4% year-on-year in the month of November, according to the latest figures from the IMRG Capgemini Online…
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18 December
Pandora appoints former Bulgari exec as new CMO
Jewellery brand Pandora has appointed former vice president of global marketing and communication, Carla Liuni, as its new chief marketing…
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17 December
H&M sales rise in Q4
Fashion retailer H&M has reported a 9% increase in net sales to SEK61,704m (£4.98m) for the three months to 30…
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17 December
Mike Ashley warns of more House of Fraser closures
Despite experiencing the first “green shoots of recovery” further House of Fraser store closures are to be expected, Mike Ashley…
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17 December
Ted Baker appoints ex-Sports Direct CFO as non-executive director
Ted Baker has appointed Jon Kempster as an independent non-executive director effective immediately. Kempster has previously held board positions at…
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17 December
Footfall slows after Black Friday boost
Footfall across UK retail destinations dropped by 0.9% post Black Friday, according to the latest retail figures from Springboard. In…
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16 December
Sports Direct profits soar in half-year results
Shares in Sports Direct jumped more than 16% to 418p in early trading today, after the retailer announced a 160%…
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16 December
Studio profits slump amid PPI claims
Online retailer Studio has recorded a ‘flat’ revenue of £228.1m in its half-year results ended 27 September. Whilst adjusted profit…
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