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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Nov- 2018 -8 November
Sainsbury’s sees boost from Argos deal in mixed financial results
Sainsbury’s profit before tax has dropped by 40% to £132m for the 28 weeks to 22 September 2018 compared with…
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8 November
‘Unparalleled line up of talent’ brought in for JD Christmas ad
Sportswear retailer JD Sports has brought together an “unparalleled line-up of global talent” as part of its 2018 Christmas campaign.…
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7 November
New £45m Co-op distribution centre to create 1,200 jobs
The Co-op has agreed terms for a new £45m distribution depot to support the retailer’s ambitions for continued growth across…
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7 November
John Lewis Partnership chairman to step down in 2020
The John Lewis Partnership has announced its chairman Sir Charlie Mayfield is to step down from his role in 2020.…
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7 November
Marks and Spencer sales fall
M&S’ group revenue has dropped by 3.1% to £4,966.9m in its half-year results to the year ending 15 September 2018.…
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6 November
Pandora reduces FY expectations amid ‘unsatisfactory Q3’
Pandora has reduced its full-year expectations after experiencing an “unsatisfactory” third quarter in 2018. In Q3 group revenue decreased 3%…
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6 November
Debenhams ratings downgraded by Moody’s
Debenhams has had its ratings downgraded for a second time in two months by ratings agency Moody’s. Moody’s Investors Service…
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6 November
Morrisons reports 5.6% sales increase for Q3
‘Big 4’ retailer Morrisons has reported a 5.6% increase in like-for-like (LFL) sales for the 13 weeks to 4 November…
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6 November
Primark’s like-for-like sales slide
Like-for-like sales at Primark saw a 2.1% decline in its financial results to the year ending 15 September 2018. Despite…
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6 November
Marks and Spencer half-year profits expected to drop
M&S is expected to report a double-digit drop in its half-year profits next week, according to predictions by City analysts.…
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