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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Dec- 2018 -13 December
Mike Ashley asks Debenhams to ‘reconsider’ £40m offer in ‘frustrated’ email
Mike Ashley has asked Debenhams to “reconsider” his £40m investment offer which he described as “a very public statement of…
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13 December
Russell and Bromley sees 55% profit plunge
Footwear retailer Russell and Bromley has announced a 55% fall in profits in the year to 31 December 2017. The…
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13 December
Bonmarché shares halve amid second profit warning
Shares in fashion retailer Bonmarché halved this morning (13 December) from 81 pence to 47 pence after announcing it expects…
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13 December
HoF acquisition dents Sports Direct profits
Sports Direct has reported a 27% fall in profits for the half-year period ending 28 October as it counts the…
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13 December
Ocado’s 12% sales increase marks ‘good finish to the year’
Online supermarket Ocado has seen a 12% increase in revenue to £390.7m for the 13 weeks to 2 December in…
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12 December
Shares dive as Dixons Carphone reports £440m H1 loss
Dixons Carphone has reported losses before tax of £440m in its half-year trading report, compared with the profit before tax…
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12 December
Sainsbury’s and Asda to challenge CMA probe with judicial review
Sainsbury’s and Asda are set to take the Competition and Markets Authority (CMA) to a judicial review believing they have…
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12 December
Walmart to acquire online home decor retailer Art.com
US retail group Walmart has announced it is to acquire online home decor retailer, Art.com for an undisclosed sum. The…
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12 December
Superdry mulls store closures as profits drop 49%
Fashion retailer and brand Superdry has issued a profit warning after pre tax profits fell 49% to £12.9m in the…
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11 December
Carpetright swings to £11.7m loss in H1 results
Embattled retailer Carpetright has reported losses before tax of £11.7m for 26 weeks ending 27 October 2018, compared with the…
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