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 -15 January
M&S store closures to affect 1,045 jobs
Marks and Spencer has confirmed 17 stores which are set to close within its plans to shutter over 100 stores…
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15 January
The Entertainer stockpiling toys for no-deal Brexit
Toy retailer, The Entertainer has announced it is stockpiling an extra 100 containers of toys in order to prepare for…
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15 January
Games Workshop delivers strong half-year results
Fantasy miniatures retailer Games Workshop has reported a sales increase of 14% to £125.2m in its half-year results, covering the…
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15 January
Boohoo raises revenue forecasts amid sales surge
Online fashion retailer Boohoo has raised its revenue guidance for the year after group sales surged 44% to £328.2m in…
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15 January
Booths posts festive sales boost and profit increase
High end supermarket group Booths has reported a “strong” growth in sales over the Christmas period as well as an…
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14 January
Richemont Europe blames French ‘social unrest’ for sales slowdown
Swiss retail group, Richemont Europe, has blamed French “yellow vest” protests for a slowdown in its sales. The group, which…
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14 January
JD Sports ‘confident’ after strong Christmas sales growth
Sports fashion retailer JD Sports has reported a total sales growth of 15% for the 48-week period to 5 January…
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14 January
Footfall drops for 13th consecutive month in December
Footfall declined for the 13th consecutive month in December, despite heavy discounting by retailers during the festive period. Overall footfall…
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14 January
New Look reveals plan to slash debt to £350m
High street retailer New Look has announced it has reached an ‘in principle’ debt-for-equity swap proposal with key stakeholders to…
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11 January
Tesco and M&S stockpile tinned food in prep for Brexit
Tesco and Marks and Spencer have announced they are stockpiling long-life foods in preparation of a no-deal Brexit. The ‘big…
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