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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Apr- 2019 -26 April
Laura Ashley shares tumble 20% amid fresh profit warning
Laura Ashley has seen its shares tumble 20% in early trading after it issued a profit warning indicating figures will…
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26 April
Retail sales growth picks up for first time in five months
Retail sales grew for the first time since November 2018 in the year to April, according to the latest monthly…
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26 April
Shop Direct protects 200 jobs with Raven Mill deal
Shop Direct has transferred its returns activity at its Raven Mill site over to logistics company Clipper Logistics in a…
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26 April
Amazon’s profits double in record results
Amazon.com has posted record profits of $3.6bn (£2.8bn) – up from last year’s $1.6bn (£1.2bn) – for the 13 weeks…
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25 April
Shareholders approve JD Sports’ £90m Footasylum takeover
JD Sports has announced its £90.1m Footasylum takeover has been given the go-ahead by shareholders, after it was voted through…
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25 April
CMA blocks Sainsbury’s-Asda merger
The Competition and Markets Authority (CMA) has blocked the Sainsbury’s-Asda merger after finding it would lead to “increased prices in…
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25 April
74,400 retail jobs lost in first three months of 2019
The retail sector saw a 2.4% year-on-year drop in the number of employees in the first quarter of this year,…
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25 April
Online retail sees ‘subdued’ growth in March
Online retail recorded growth of just 5% year-on-year (YoY) in March, compared with 18.9% last year, according to the latest…
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24 April
Primark HY profits surge 25%
Primark has seen its half-year operating profit jump 25% to £426m during the six months ending 2 March. Primark said…
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24 April
Boohoo revenues surge 48% in 2018
Online fashion retailer Boohoo has reported a 48% increase in revenues to £856.9m for the year ending 28 February 2019.…
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