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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Sep- 2019 -27 September
British Land drops Monsoon CVA challenge
British Land has dropped its legal challenge against Monsoon Accessorize’s CVA plans. According to Sky News, The property investment firm,…
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26 September
Ikea retail sales jump 5% in full-year results
Furniture retailer Ikea has reported a 5% increase in retail sales to €36.7bn (£32.5bn) for the year ended 31 August…
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26 September
Tesco scraps its first-ever Jack’s store
Tesco has confirmed it is closing the first-ever discount Jack’s store, only around a year after it unveiled its new…
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25 September
Sainsbury’s announces store estate overhaul
Sainsbury’s is to undergo a store estate overhaul which will see it close over 100 stores, while also opening and…
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25 September
Hotel Chocolat beats high street woes with strong revenue growth in 2019
British chocolatier Hotel Chocolat has reported a 14% increase in revenues to £132.5m for the year ending 30 June 2019.…
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25 September
Boohoo revenues spike 43% in half-year results
Online clothing retailer Boohoo has seen its revenues skyrocket by 43% to £564.9m for the six months to 31 August…
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24 September
Online retail sales drag in August
Retail sales in August saw low growth of just 3% year-on-year according to the latest IMRG Capgemini eRetail Sales Index,…
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24 September
Sports Direct announces five more Jack Wills closures
Sports Direct has revealed the locations of a further five Jack Wills stores set to close, following its acquisition of…
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24 September
Moss Bros H1 sales dragged down by hire business
Menswear retailer Moss Bros has posted a marginal 1.4% increase in total group revenue to £65.4m for the 26 weeks…
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23 September
Marks & Spencer CFO exits
Marks and Spencer (M&S) has announced that its group chief financial officer, Humphrey Singer, has decided to leave the business.…
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