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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May- 2018 -31 May
Poundland spits back at Thameslink after Twitter jibe
Train operator Thameslink and discount retailer Poundland have traded barbs after a disgruntled rail passenger tweeted innocuously about delays. Thameslink…
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31 May
Asda profits plunge 10% due to price cuts aimed to ‘return momentum’
Supermarket giant Asda has reported a 10% drop in profits for the full-year period up until 31 December 2017 attributed…
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31 May
Ocado enters FTSE 100, M&S narrowly avoids relegation
Ascendant online supermarket delivery service, Ocado, has secured a position in the FTSE 100, while Marks and Spencer narrowly avoided…
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31 May
Card Factory reports ‘robust’ performance
Card and gifts retailer Card Factory has revealed a 3% increase in total group sales in its first-quarter trading update.…
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31 May
TUC, Usdaw launch petition calling for Marks and Spencer transparency
Shopworkers’ trade union Usdaw has joined with the Trades Union Congress (TUC) to launch a petition calling on Marks and…
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31 May
World Cup boost of £1.33bn awaits
UK retailers could benefit from a £1.33bn economy boost during the 2018 World Cup this summer if England make it…
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31 May
Intu Chapelfield shopping centre gives shoppers space-hoppers
Intu Chapelfield in Norwich is trialing the use of space-hoppers for visitors this week as it hopes to encourage more…
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31 May
40% of independent Amazon shareholders oppose Bezos ‘being his own boss’
Over a quarter of Amazon shareholders have voted in favour of a resolution filed by SumOfUs calling on the company…
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30 May
B&M profits buck high street blues, jump 20%
Discount retailer B&M has seen pre tax profit rise by 25.4% to to £229.3m along with group revenues rising to…
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30 May
Average online order value rises for 14th consecutive month
The average order value for online purchases has increased for 14 months in a row, according to new data. Figures…
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