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 -9 January
Sainsbury’s Q3 sales decline 1.1% due to ‘cautious’ customers
Sainsbury’s has reported a 1.1% decline in like-for-like sales during its third quarter which it has attributed to “cautious customer…
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9 January
HMV ‘denied’ £3.35m tax lifeline before administration
Beleaguered music and film retailer, HMV, who officially fell into administration during the festive period, was denied a £3.35m government…
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9 January
Ted Baker announces 12% Christmas sales rise
Ted Baker has announced a 12.2% retail sales rise for the five weeks leading up to 5 January 2019. The…
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8 January
Footasylum issues profit warning after ‘challenging’ Christmas trading conditions
Footwear retailer, Footasylum has issued a profit warning following “challenging trading conditions” during the festive period. Footasylum said it would…
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8 January
Morrisons posts fourth consecutive year of Christmas growth
Supermarket giant Morrisons’ group like-for-like sales increased by 3.6% for the nine weeks to 6 January 2019, its fourth consecutive…
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8 January
Missguided posts £46.7m loss
Online fashion retailer Missguided has posted a £46.7m loss in its financial results for the 53 weeks ending 1 April…
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8 January
Joules continues to defy retail gloom over festive period
Joules has continued to defy the retail gloom with an 11.7% sales increase over the festive period. During the seven…
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7 January
Aldi posts ‘record’ Christmas sales
Budget supermarket chain Aldi has has reported sales of almost £1bn for the month of December 2018, 10% higher than…
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7 January
Morrisons to launch new vegan range off the back of 6% sales increase
Morrisons has announced a 6% total sales rise excluding fuel for the 13 week period to 4 November. The supermarket…
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7 January
Dunelm posts 9% revenue surge over festive period
Homeware retailer Dunelm has posted a 9% increase in total like-for-like revenues during the 13-week period ending 29 December, including…
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