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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Jan- 2018 -25 January
Asos reports 23% UK Christmas sales growth
Online fashion retailer Asos has revealed retail sales grew strongly in the lead-up to and during the Christmas period. Total…
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24 January
Co-op cuts prices of 600 products with £50m investment
The Co-op has announced a £50m investment to cut the cost of everyday food, lowering the prices of more than…
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24 January
Ombudsman access to small firms may be extended
More small businesses may have access to the Financial Ombudsman Service, according to a new consultation launched. Under changes proposed…
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24 January
Shopping app Depop secures £14m for expansion
Social shopping app, Depop, has secured $20m (£14.1m) in Series B funding in order to help accelerate its global expansion.…
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24 January
Pets at Home reports strong Christmas sales, ends Barkers store trail
Pet supplies retailer Pets at Home has revealed positive sales growth for the 12-week period ending on 4 January…
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24 January
WHSmith sales fall, but airports and stations climb
High street sales for book retailer WHSmith were down 5% in the 20-week period to 20 January. Like-for-like sales in…
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23 January
Sainsburys to cut thousands of jobs in management rejig
Thousands of shop floor jobs are thought to be at risk as a result of a managerial restructure planned at…
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23 January
Mark Gifford resigns as Game’s CFO
Video game retailer Game has announced the resignation of its chief financial officer Mark Gifford. Gifford informed the board of…
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23 January
Waitrose pledges plastic-free packaging by 2018
Supermarket retailer Waitrose has announced that it aims to remove all black plastic used in its meat, fish, fruit and…
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23 January
‘Ghosted’ customers cost repeat sales
UK consumers who feel abandoned by a retailer following a purchase are less likely to purchase from the store again,…
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