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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Oct- 2019 -31 October
Consumer confidence drops further in October
Gfk’s long-running Consumer Confidence Index decreased two points to -14 in October. The measure for the general economic situation of…
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31 October
Schuh pre-tax profits fall by £7m amid ‘extremely challenging year’
Schuh has reported a £7m fall in pre-tax profits to £6.1m attributed to a second consecutive year of “extremely challenging”…
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31 October
Treasury Committee urges MPs to reform ‘broken’ business rates
The government has been urged to fix the “broken” business rates system as it is continuing to affect high street…
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30 October
Shop prices decrease again in October
Shop price deflation decelerated to 0.4% in October from -0.6% in September, according to new figures from the British Retail…
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30 October
Next Q3 sales affected by ‘unusually’ warm weather
Fashion retailer Next has reported a 6.3% decrease in retail sales for the three months to 26 October. The drop…
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30 October
Sports Direct: CMA published ‘inaccurate’ market data in Footasylum probe
Sports Direct has claimed the Competition and Markets Authority (CMA) has published “inaccurate estimates” of its market share data during…
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30 October
Barbour appoints Nicola Brown as head of womenswear
British fashion retailer Barbour has appointed Hobb’s head of design, Nicola Brown, as its new head of womenswear. She will…
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29 October
Boots Q4 sales slip amid ‘challenging’ retail market
Health and beauty retailer Boots has reported a 2.1% decrease in sales in its fourth-quarter results, ending 31 August 2019.…
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29 October
Sales and footfall up at Westfield’s UK centres
The owner of the Westfield shopping centres, Unibail-Rodamco (URM), has reported a 5.2% increase in tenant sales at its UK…
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29 October
Retailers report ‘record high’ stock levels in October
Retailers’ stock levels in relation to expected sales were at their highest on record in October, according to the latest…
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