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 -8 January
Sainsbury’s Christmas sales slip as Argos struggles
Supermarket giant Sainsbury’s has posted a 0.7% decline in like-for-like sales for the 15 week period ending 4 January as…
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8 January
Shoe Zone profits slip due to ‘government imposed’ cost increases
Shoe Zone has reported a decrease in profits before tax to £9.6m, down from £11.3m the previous year, attributed to…
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8 January
Greggs to give workers £7m bonus after ‘phenomenal’ year
Total sales at Greggs increased by 13.5% in its full year results, amid a “phenomenal” year of “strong sales”. Company-managed…
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7 January
UK supermarkets experience lowest festive sales growth in five years
UK supermarkets have experienced the lowest sales growth over the Christmas period in five years, with sales growing by 0.5%…
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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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