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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Apr- 2018 -26 April
Number of retail jobs falls in first quarter
The number of full time jobs in UK retail has fallen by 2.5% compared with the same time last year,…
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26 April
N Brown Group posts revenues of ยฃ922m
Fashion retail group N Brown’s latest financial results show group revenue reached ยฃ922m for the full year, up 3.9% from…
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26 April
Bunnings reports โsignificantโ decline in sales
Bunningโs retail sales decreased by 13.5% to ยฃ211m for the third quarter of the 2018 financial year. ย The DIY…
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25 April
Boohoo sales double in full year results
Online fashion retailer Boohoo has revealed a ยฃ579.8m increase in sales, up 97% for the year ending on 28 February…
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25 April
Kering revenue boosted by Gucci’s ‘spectacular growth’
Luxury goods group Kering has announced 36.5% revenue growth for the first quarter of 2018, driven by a 49% rise…
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25 April
Increase in retailers using secondary revenue to boost profits
More retailers are making use of secondary revenue to increase sales outside of core offerings, online marketing company Webloyaltyโs โBeyond…
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25 April
Argos chastised by ASA over raising prices to include โfreeโ add-ons
The Advertising Standards Agency (ASA) has warned Argos after it was found raising prices to cover the cost of supposedly…
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24 April
650 retail stores have closed in 2018 so far
Nearly 650 retail stores and restaurants have shut or are at risk of closure since the start of 2018. According…
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24 April
300 jobs lost as East poised to stop trading next week
Fashion retailer East is to stop trading next week after administrators were unable to find a buyer, with 300 employees…
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24 April
Debenhams partners with Western Union to offer global money transfers
Debenhams has signed a partnership with Western Union to offer global money transfers through its existing travel money desks. Western…
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