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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May- 2019 -16 May
Yours Clothing sees 87% profit rise
Discount clothing retailer, Yours Clothing has announced it has seen its full year pre-tax profits for the year ending 3…
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16 May
Morrisons boss hands back ยฃ600,000 in bonuses
The chief executive of Morrisons has waived over a third of his bonus despite the โBig Fourโ Grocer reporting its…
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15 May
Physical entertainment market falls by 17%
The retail market for physical entertainment declined by 17.4% during the 12 weeks to 7 April, attributed to a decline…
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15 May
Walmart considering Asda IPO
โBig Fourโ grocer Asda could be listed on the stock market as its parent company Walmart mulls over its future…
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15 May
Moss Bros sales boosted by e-commerce during Q1
Moss Bros has reported a 1.5% increase in total sales for the 15 week period ending 11 May, in spite…
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15 May
Retailers rethink returns policies as โserial returnersโ increase
Some 26% of retailers have seen an increase in the volume of goods being returned in the last two years,…
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14 May
Boots profits slump by almost 20%
Profits at Boots UK stores fell by 18.3% last year as sales also struggled. For the year ending 31 August…
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14 May
Kering publishes new standards for animal welfare
Luxury fashion giant Kering has published its new animal welfare standards in order to โensure and verifyโ the humane treatment…
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14 May
Amazon partners with Next for click and collect service
Next and Amazon today announced Nextโs participation in Amazon Counter โ a new network of pick up points that allows…
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13 May
Debenhams CVA could cost local authorities ยฃ8.5m in business rates
Colliers International has estimated that Debenhamsโ CVA could affect up to 59 local authorities, who could lose out on ยฃ8.5m…
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