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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Nov- 2019 -12 November
Greggs raises profit forecast as sales jump 12.4%
Bakery chain Greggs has upped its profit forecast for 2019 after it reported “very strong trading” as its total sales…
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12 November
Government must ‘play its part’ to support retail sector, says BRC
The incoming government must take action to fully support to the retail sector, the BRC has urged in its latest…
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12 November
New Look losses narrow despite ‘ongoing uncertainty’ hitting sales
New Look has reported that its losses narrowed to £11.2m during its half year results despite “ongoing uncertainty” impacting sales.…
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11 November
Lidl eyes 230 new stores by 2023
German discount supermarket chain Lidl is set to increase its rate of expansion by opening 230 new stores in the…
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11 November
Clintons could close up to 66 stores
Greeting cards retailer, Clintons, has revealed plans to shut one in five of its UK stores, and is looking to…
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11 November
Brexit woes and wet weather dampen October footfall
Retail footfall faced further decline in the month of October, according to new figures from the BRC-Springboard Footfall and Vacancies…
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8 November
Mamas and Papas to close six stores as it enters administration
Mamas and Papas has announced job cuts and store closures after it entered administration and sold to Bluegem Capital in…
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8 November
Royal Mail seeks injunction to block Christmas postal strike
Royal Mail has confirmed it is seeking a High Court injunction to stop the Communications Workers Union’s (CWU) planned postal…
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8 November
Halfords acquires garage chain amid profit plunge
Halfords has announced the acquisition of garage chain McConechy’s Tyre Service after closing a deal worth around £9.3m. The deal,…
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8 November
Art Peck steps down as Gap CEO
Gap has announced its chief executive officer Art Peck is to step down from the business effective immediately. Peck, who…
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