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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Jul- 2018 -13 July
Hobbycraft reports eighth consecutive year of sales growth
Arts and crafts retailer Hobbycraft has reported its eighth consecutive year of sales growth, driven by multi-channel platform expansion. The…
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13 July
Bumper June footfall sees record increase of 11.4%
UK retailers benefited from record month-on-month growth in footfall for June, with a 11.4% increase in high street traffic compared…
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13 July
Wilko appoints Craig McGregor as new retail director
Homeware retailer Wilko has announced that former Topshop retail director Craig McGregor will be joining its senior team to help…
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12 July
Long queues โcosting retailers ยฃ12bnโ
Long queues have been named the biggest turn-off for UK shoppers and could be costing retailers up to ยฃ12bn a…
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12 July
B&M reports strong sales growth
Discount high street retailer B&M has reported a strong start to the new financial year with revenue growth of 21.3%…
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12 July
Usdaw calls for โproperโ staff representation amid M&S store closures threat
Shopworkers’ trade union Usdaw has renewed its call for recognition as the union for M&S staff, after the companyโs chairman…
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12 July
Asos sales jump 22% but full year may disappoint
Asos has posted a 22% increase in sales during the four months ending 30 June, yet warned that full-year sales…
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12 July
Hot weather springs profit warning at DFS
DFS has announced a profit warning, blaming poor sales performance on decreased high street footfall during the hot weather, disruption…
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11 July
UK retailers โhijackโ Amazon Prime Day
UK retailers have attempted to โhijackโ Amazon Prime Day by offering discounts in the run up to the sale event.…
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11 July
M&S warns of further store closures and job cuts
M&S bosses have warned of further store closures and job cuts in meetings at the companyโs AGM, which took place…
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