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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Jan- 2019 -24 January
John Lewis to close Knight & Lee in Southsea; 127 jobs at risk
John Lewis & Partners has announced it will close its Knight & Lee store in Southsea in July 2019, putting…
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23 January
Carl Rogberg becomes third ex-Tesco executive cleared of fraud
Former Tesco executive, Carl Rogberg, has been cleared of £250m fraud and false accounting charges, which sent the supermarket into…
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23 January
December online retail sales growth hits ‘all-time low’
UK online retail sales growth hit an “all-time low” of just +3.6% year-on-year (YoY) in December 2018 after a tough…
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23 January
Sports Direct saves House of Fraser Intu stores
Four House of Fraser stores in Intu shopping centres have been saved from closure, avoiding the loss of more than…
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23 January
Hotel Chocolat posts 15% festive retail revenue rise
Hotel Chocolat has announced it has seen strong festive retail figures, amid a disappointing period for many on the high…
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23 January
Burberry like-for-like sales marginally up over December
Luxury fashion house Burberry has announced a marginal like-for-like sales increase over December as it “continued to build brand heat”…
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22 January
Poundland sparks controversy over Valentine’s ‘Gift of Nothing’
Poundland has sparked controversy over the sale of its new ‘Gift of Nothing’ product, which is effectively an empty heart…
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22 January
Ousted Deciem founder Brandon Truaxe dies
The founder of beauty brand Deciem has died, the company announced in a statement on Monday (21 January). Brandon Truaxe,…
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22 January
Dixons Carphone sees Christmas sales boost
Electronics retailer Dixons Carphone has reported a 2% increase in like-for-like sales for the 10 weeks ending 5 January 2019.…
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22 January
Pets at Home sees ‘strong’ festive sales
Pets at Home had its “biggest trading day” the Saturday before Christmas, as the retailer reported an increase in sales…
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