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.
-
Apr- 2018 -12 April
Rise in profits for Central England Co-operative despite “challenging trading environment”
Central England Co-operative has announced its year end results, to 27 January 2018. Gross sales and operating profit were up…
Read More » -
11 April
Shop Direct closes three warehouses, 1,992 jobs affected
Digital retailer Shop Direct has announced that it will be closing three major warehouses across Manchester. The move will impact…
Read More » -
11 April
Asos enjoys 22% sales growth
Fashion giant Asos has generated retail sales growth of 27% for the six months to 28 February 2018. The UK…
Read More » -
11 April
Waitrose becomes first retailer to ban disposable coffee cups
Waitrose has announced plans to phase out all disposable coffee cups in its stores by autumn, in a bid to…
Read More » -
11 April
High street store openings at lowest level in seven years
New high street store openings have fallen to their lowest level since 2010, new research suggests. A report by retail…
Read More » -
11 April
Hammerson rejects revised £5.04bn proposal from Klépierre
Hammerson’s board of directors has unanimously rejected a revised £5.03bn offer by French retailer Klépierre, on the basis that “it…
Read More » -
11 April
Tesco defies retail struggles amid ‘year of strong progress’
Tesco has posted a marked increase in its annual profits and called 2017 a “year of strong progress” in its…
Read More » -
10 April
Card Factory posts £14.6m drop in full-year profits
Card Factory has posted a £14.6m drop in its full-year profits which it has attributed to the weak pound and…
Read More » -
10 April
Easter retail sales ‘didn’t measure up’: KPMG
Easter retail sales did not “measure up” to expectations, with overall UK retail sales increasing by 1.4% in March from…
Read More » -
10 April
Iceland to ban palm oil from own-brand products
Frozen food supermarket chain Iceland will stop using palm oil as an ingredient in all of its own label food…
Read More »
