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.
-
Jan- 2019 -7 January
Retail administrations rise for second consecutive year
The number of retailers entering into administration in 2018 was 125 – compared to 118 in 2017, an increase of…
Read More » -
4 January
Gear4Music issues warning despite 41% sales growth
Gear4Music has issued a warning on profit for 2019 saying it would be “slightly below” last year’s results. The warning…
Read More » -
4 January
Gaming market now bigger than video and music combined
The video games market now accounts for more than half of the entire UK entertainment market (51.3%), the Entertainment Retailer…
Read More » -
4 January
McColl’s appoints Robbie Bell as CFO
Convenience retailer McColl’s has appointed Robbie Bell to its board as chief financial officer. Bell is moving on from his…
Read More » -
4 January
Shop prices rise in December despite discounting
Shop prices saw a 0.3% year-on-year increase in December despite many retailers discounting heavily during the festive period, the BRC-Nielsen…
Read More » -
3 January
Moss Bros appoints former Missguided boss
Gareth Jones, former online chief executive of Missguided, has joined menswear retailer Moss Bros as a non-executive director. Jones left…
Read More » -
3 January
Next Christmas sales boosted by online surge
Next has revealed better than expected results over the Christmas period despite a 9.2% decline in sales across its bricks-and-mortar…
Read More » -
3 January
Co-op to open 100 new stores in 2019
The Co-op has announced it will open 100 new food stores during 2019 as part of a £200m store investment…
Read More » -
3 January
Home Bargains becomes latest retailer to announce a ‘quiet hour’
Home Bargains has become the latest retailer to announce a ‘quiet hour’ in order to create a calmer environment for…
Read More » -
2 January
John Lewis ends final week of 2018 with 4.5% sales uplift
Department store chain John Lewis has reported a 4.5% year-on-year uplift in total sales for the week ending 29 December.…
Read More »