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 -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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16 December
The Hut Group completes €1bn capital raising
The Hut Group has announced a €1bn (£830m) raise in capital in order to deliver a “step- change” to its…
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13 December
The election is over – time for the Tories to deliver for small businesses
It now looks as though political stasis and all the damage that does to business will be lifted in 2020.…
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13 December
Record numbers hit local high streets for Small Business Saturday
A record number of attendees showed their support for the UK’s seventh annual Small Business Saturday last weekend (7 December…
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13 December
Sainsbury’s mulls offers for £1.9bn mortgage book
Big Four grocer Sainsbury’s is reportedly fielding bids for a takeover of its £1.9bn mortgage book, as part of an…
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13 December
New Look appoints Nigel Oddy as new CEO
High street retailer New Look has appointed Nigel Oddy as its new chief executive officer. Oddy joined the retailer in…
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13 December
Kate Spade CEO resigns
Tapestry Inc. has announced the departure of Anna Bakst, CEO and brand president of Kate Spade. Bakst will leave her…
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12 December
Dixons Carphone profits drop 60% in half-year results
Dixons Carphone has reported a 60% decrease in profit in its first half, following a group adjusted profit before tax…
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12 December
Ocado sees sales slow in Q4
Online supermarket Ocado has revealed that sales its sales growth had slowed slightly in Q4, coming in line with its…
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12 December
Homebase rated ‘worst’ online retailer in the UK for 2019
Homebase has been rated the worst online retailer in the UK for 2019, according to the latest Which? Annual Online…
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