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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Jun- 2019 -20 June
Dixons Carphone shares plunge amid full-year loss
Consumer electronics retailer Dixon Carphone saw profits plunge by up to 28% this morning, after posting full-year losses for the…
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20 June
Online retail sales in May suffer worst growth on record
May continued the 2019 trend of below-average online sales growth, with a marginal 1.9% year-on-year (YoY) increase, according to the…
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20 June
Wyevale Garden Centres agrees sale of 11 stores
Gardening retailer Wyevale Garden Centres (WGC) has announced the sale of a further 11 centres, in four separate transactions to…
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19 June
Over 75% of retail workers haven’t had a pay rise in the last year
New research conducted by independent job board CV-Library, revealed 78% of retail workers haven’t had a formal pay review meeting…
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19 June
Dreams posts sales and profits growth for fifth consecutive year
Bed retailer Dreams has reported an increase in both sales and profits for the fifth consecutive year. In its full-year…
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19 June
Tesco mulls premium stores
Supermarket chain Tesco is reportedly considering the launch of premium, upmarket ‘Finest’ stores to compete with the likes of M&S…
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19 June
Mulberry swings to £5m loss in 2018
Handbag retailer Mulberry has reported losses before tax of £5m for the year ending 30 March 2019. Revenue decreased by…
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18 June
H&M sales jump 11% in Q2 results
Fashion retailer H&M has reported an 11% increase in net sales to 57.4bn in Swedish kroner (£4.8bn) in its Q2…
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18 June
Boohoo launches first recycled collection
Online clothing retailer Boohoo has launched its first dedicated recycled fashion range. Made using recycled polyester, the fabric is created…
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18 June
Former BHS owner in court over tax evasion allegations
Former BHS owner Dominic Chappell is to appear in court today (18 June) on accusations of tax evasion in relation…
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