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 -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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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…
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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…
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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…
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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…
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