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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Sep- 2019 -12 September
John Lewis warns of no-deal Brexit amid £26m loss
John Lewis Partnership has reported a loss of £25.9m for the first half of the year, warning that a no-deal…
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12 September
Morrisons quarterly sales drop for first time since 2016
‘Big Four’ grocer Morrisons has reported a 1.9% drop in like-for-like sales in its Q2 results, compared with the 6.3%…
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12 September
Co-op profits dropped by almost 50% in H1
The Co-operative Group saw profits drop by almost 50% in the six months to July, as the firm’s funerals business…
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11 September
Labour pledges £10 minimum wage for all workers over 16
Jeremey Corbyn has pledged a £10 an hour minimum wage for all workers over 16 if his party is elected…
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11 September
Most valuable UK retailers ‘falling behind’ global rivals, study finds
The value growth of the UK’s top retail brands is “falling behind” that of the leading global retail brands, according…
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11 September
Inditex reports record net sales and revenue in H1
Inditex Group, owners of retail chain Zara has reported record revenue and net sales for the first half of 2019.…
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11 September
Store closures hit record levels in the first half of 2019
The number of stores closing down in the first six months of the year has reached its highest levels, with…
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10 September
JD Sports revenues jump 47% in wake of Finish Line acquisition
Sports fashion retailer JD Sports has reported a 47% increase in revenue to £2.7m for the 26 week period ending…
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10 September
Sports Direct among bidders for Links of London
Sports Direct is one of two final bidders attempting to buy jewellery brand Links of London from current owner Folli…
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10 September
Eric Vallat to step down as Richemont’s head of fashion
Richemont has revealed Eric Vallat, its head of fashion and accessories, will step down from his current position and from…
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