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 -11 January
Boohoo falls foul of ASA again over fur pom poms
Online retailer, Boohoo, has been reprimanded by the ASA (Advertising Standards Authority) again after it was found to be advertising…
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11 January
B&M shrugs off Christmas retail woes with strong revenue growth
Bargain retailer B&M has reported a 12.1% increase in group sales revenue growth for the 13 weeks to 29 December…
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11 January
Quiz issues profit warning
Fashion brand Quiz has issued a profit warning despite an 8.4% increase in group revenue in the six-week period from…
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10 January
Debenhams chairman ousted by Mike Ashley
The chairman of Debenhams, Sir Ian Cheshire, has resigned with immediate effect after Mike Ashley and other shareholders voted him…
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10 January
John Lewis staff face missing out on bonus for first time since 1953
John Lewis staff could lose their share of the department store giant’s profit for the first time since 1953. Traditionally,…
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10 January
Worst Christmas for retail in a decade, says the BRC
The retail sector has seen its worst Christmas performance in 10 years, despite a number of businesses reporting positive trading…
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10 January
Debenhams suffers sales struggle over Christmas
Department store chain Debenhams has reported a 3.4% drop in group like-for-like (LFL) sales for the six weeks to 5…
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10 January
Tesco reports strong sales over Christmas period
Tesco has beaten City forecasts with a 2.6% increase in like-for-like sales over the six week period ending 5 January.…
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10 January
M&S sales drop amid ‘difficult’ market
Marks and Spencer has reported a 2.7% drop in its total sales for the 13 weeks to 29 December 2018.…
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9 January
Mothercare sales plunge 11.4% during third quarter
Embattled retailer Mothercare has reported an 11.4% drop in UK like-for-like sales in its Q3 trade update, which covered the…
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