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 -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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2 November
B&Q abandons Black Friday promotion
B&Q has announced it is “abandoning” Black Friday in favour of providing its customers with “year-round” low prices across the…
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2 November
RSPH names Grimsby as ‘unhealthiest UK high street’
The Royal Society for Public Health (RSPH) has named Grimsby, North East Lincolnshire, as the ‘unhealthiest UK high street’. The…
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2 November
WHSmith fined £337,500 after customer falls through trapdoor
Newsagent chain WHSmith has been fined £337,500 after a customer fell almost three metres through a trapdoor, suffering serious injuries.…
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1 November
Bank of England puts hold on interest rates due to Brexit uncertainty
The Bank of England has placed interest rates on hold following growing uncertainty around Brexit. A vote to leave rates…
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1 November
Pets at Home appoints former Argos boss as COO
Pets at Home has appointed David Robinson as COO of retail and Jane Balmain as interim CEO of the Vet…
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1 November
Mothercare culls 200 head office jobs
Mothercare has axed around 200 staff from its head office in an attempt to cut costs and save up to…
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