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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Sep- 2018 -14 September
Co-op reports strong H1 sales growth thanks to Nisa acquisition
Sales for supermarket group Co-op increased by 10% to £5bn for its half-year financial results, driven by a strong food…
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13 September
Morrisons H1 results hits nine-year high with 6.3% sales increase
Supermarket giant Morrisons’ like-for-like sales increased by 6.3% in the group’s half year results, marking a nine-year high for the…
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13 September
New retail park specialising in ‘bulky goods’ to create 260 jobs
A new retail park in East Kilbride, Scotland specialising in “bulky goods” such as furniture, carpets, DIY, kitchens, bathrooms, furniture,…
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13 September
John Lewis hit by 99% drop in H1 profits
The John Lewis Partnership has reported a 99% slump in its underlying profits to £1.2m in the first six months…
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13 September
Sports Direct rules out Debenhams takeover
Sports Direct has quashed speculation that it could increase its 30% stake in embattled department store Debenhams with a buyout…
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12 September
Inditex H1 sales surpass €12bn for first time
Spanish fashion retailer Inditex has reported record sales and profits during the first half of the year as revenue surpassed…
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12 September
Morrisons faces £1bn equal pay case for female staff
Morrisons could be made to pay over £1bn in compensation to women store employees who believe they have been paid…
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12 September
More than 75% of retail payments now made by card
Retail purchases made by card accounted for 76% of all retail sales made in 2017, according to the latest annual…
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12 September
Game reprimanded by ASA for ‘misleading’ advert
Game has been reprimanded by the Advertising Standards Authority (ASA) after a complainant claimed an advert suggested the company only…
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11 September
JD Sports sees revenues and profits soar in ‘record result’
JD Sports has recorded a “record result” in the 26 weeks to 4 August as it posted double-digit growth in…
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