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 -17 May
Waitrose & Partners plans to ‘treble’ size of online operations
Waitrose and Partners has announced plans to treble the size of its online grocery operation to a £1bn business over…
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16 May
Farfetch revenues jump 39% in Q1
Online fashion retailer Farfetch has reported a 39% increase in revenue for the first quarter of 2019 ending 31 March.…
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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 £600,000 in bonuses
The chief executive of Morrisons has waived over a third of his bonus despite the ‘Big Four’ 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
‘Big Four’ 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 ‘serial returners’ 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 “ensure and verify” the humane treatment…
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