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 -17 April
Primark posts โremarkableโ 4% rise in profits
Associated British Foods (ABF), the parent company of fashion retailer Primark, has posted a 1% increase in profit for the…
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17 April
JD Sports reports record profit levels
JD Sports has seen a record increase in its profit before tax, which was at 26% in the 53 weeks…
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17 April
Intu reveals โrecord retailer demandโ
Shopping centre giant Intu has reported a record level of retailer demand in the first quarter of 2018. Some 60…
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16 April
High street collapse down to higher business rates, says Colliers
Fifteen major retailers or restaurant groups have gone into CVA or administration in the twelve months since the April 2017…
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16 April
March retail footfall sees steepest decline in eight years
Footfall in March decreased by 6%, compared with the positive rate of 1.3% seen in March 2017. There was no…
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16 April
Dr Gerry Murphy joins Burberry board as chairman designate
Dr Gerry Murphy is set to take over as chairman designate at Burberry after Sir John Peace stepped down after…
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16 April
Debenhams expected to post big dent in half-year profits
Analyst consensus expects Debenhams to report a large decrease in its profits when it publishes its half-year results next week.…
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13 April
Low-skilled jobs rebadged as apprenticeships by firms, says report
Employers are relabelling low-quality, low skilled and and often low-wage roles as โapprenticeshipsโ, according to a new report. As part…
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13 April
Klรฉpierre abandons Hammerson bid after numerous rejections
Klรฉpierre has announced that it has abandoned its attempted acquisition of Hammerson after an improved offer was rejected for the…
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13 April
Retailers ‘need to invest in visualisation technology’ to boost online sales
Almost half of shoppers would spend more online if there was technology that helped them visualise and understand how products…
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