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 -10 January
John Lewis staff face missing out on bonus for first time since 1953
John Lewis staff could lose their share of the department store giant’s profit for the first time since 1953. Traditionally,…
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10 January
Worst Christmas for retail in a decade, says the BRC
The retail sector has seen its worst Christmas performance in 10 years, despite a number of businesses reporting positive trading…
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10 January
Debenhams suffers sales struggle over Christmas
Department store chain Debenhams has reported a 3.4% drop in group like-for-like (LFL) sales for the six weeks to 5…
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10 January
Tesco reports strong sales over Christmas period
Tesco has beaten City forecasts with a 2.6% increase in like-for-like sales over the six week period ending 5 January.…
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10 January
M&S sales drop amid ‘difficult’ market
Marks and Spencer has reported a 2.7% drop in its total sales for the 13 weeks to 29 December 2018.…
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9 January
Mothercare sales plunge 11.4% during third quarter
Embattled retailer Mothercare has reported an 11.4% drop in UK like-for-like sales in its Q3 trade update, which covered the…
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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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