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 -24 January
December online retail sales surge 9.4%
UK online retail sales growth spiked by 9.4% year-on-year in December 2019, according to the latest IMRG Capgemini Online Retail…
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24 January
Tesco to remove plastic wrapping from multi-pack tins
Supermarket giant Tesco has committed to removing plastic within its multipacks of tinned food. The ‘Big Four’ grocer aims to…
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24 January
Hawkin’s Bazaar enters administration, 177 jobs at risk
Gift and toy retailer Hawkin’s Bazaar has entered administration, placing 177 jobs at risk. Tom Straw and Simon Thomas from…
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23 January
Hotel Chocolat sales rise 11% amid costs increases
British chocolatier Hotel Chocolat has reported an 11% increase in sales compared to the prior year, in the 13 weeks…
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23 January
Mothercare CEO steps down
Mothercare has announced that Mark Newton-Jones has stepped down as CEO of the retailer, effective today (22 January). He will…
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23 January
57,000 retail jobs lost in 2019
Some 57,000 retail jobs were shed in 2019, according to the latest retail employment monitor from the British Retail Consortium…
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23 January
Asos sees 20% increase in group revenues
Online retailer Asos has reported a 20% increase in group revenues to £1.6bn, attributed to a “record” Black Friday and…
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22 January
Pets at Home revenues jump in Q3 results
Pets at Home has reported a 7.9% increase in group total revenues to £255.9m in its third-quarter results. The pet…
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22 January
Full value of Ted Baker accounting blunder revealed to be £58m
Fashion retailer Ted Baker has revealed that an accounting overstatement – thought to originally amount to between £20m-£25 – is…
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22 January
WH Smith travel division drives revenue growth
WH Smith has announced it delivered a “good performance” over the Christmas trading period, with total revenue up 7% for…
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