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 -23 May
Urban Outfitters launches online rental platform
Clothing retailer, Urban Outfitters has announced it is to trial an online rental platform for its products. The trial, which…
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23 May
Arcadia to close 23 stores
Phillip Green’s Arcadia group has announced plans to close 23 stores as part of its restructuring plan, affecting up to…
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23 May
B&M plans 50 more stores amid profits and sales boost
Discount goods retailer B&M has revealed it is planning on opening another 50 stores this year amid posting an uptick…
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22 May
Pets at Home revenues soar as retailer increases market share
Pets at Home has announced it has seen revenues soar in its full-year results to March 2019. Total group revenue…
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22 May
M&S sales and profits fall as turnaround continues
Marks and Spencer has reported a fall in both sales and profits, with the latter down nearly 10%, as it…
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22 May
Online retail sales see subdued growth in April
Online retail sales saw sales growth of just 5.2% year-on-year (YoY) in April, according to the latest IMRG Capgemini eRetail…
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21 May
Elle to launch childrenswear brand
Clothing retailer, Elle has announced it is to launch a childrenswear brand across all of its European stores in partnership…
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21 May
Halfords sees FY profits drop 17.9%
Halfords has reported a 17.9% drop in annual profits and has warned that “fragile” consumer confidence means it expects a…
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21 May
WH Smith CEO to step down
WH Smith’s group chief executive, Stephen Clarke has announced he is stepping down from his role on 31 October 2019,…
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20 May
M&S speeds up store closures
Marks and Spencer has announced it is to speed up its store closure plans by two years, as it looks…
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