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 -3 January
Next boosts profit forecast by £7m after stronger Christmas sales
Clothing retailer Next has raised its full year profit forecast by £7m after delivering a stronger than expected Christmas sales…
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3 January
Retail entertainment reaches ‘all-time-high’ in 2017
The size of the UK’s retail entertainment market reached an all-time high of £7.24bn in 2017 driven mainly by digital…
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2 January
Festive footfall disappoints despite increase on New Years Day
Footfall dropped by -10.5% on New Year’s Eve compared with the previous year, according to new retail footfall data. Springboard,…
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2 January
Co-op to open 100 new food stores in 2018
The Co-op has confirmed plans to open 100 new food stores across the UK in 2018, creating an estimated 1,600…
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Nov- 2017 -23 November
Retail associations respond to ‘encouraging’ Autumn Budget
A number of retail associations have responded positively to the Chancellor’s Budget which was revealed yesterday (22 November). The British…
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21 November
Online retail growth lower than average in pre-Black Friday lull
Despite showing a year-on-year growth of 12.6%, online retail sales figures in October were lower than average suggesting a pre-Black…
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21 November
Retail to lose £4.5bn by neglecting ‘grey pound’, says report
Older people’s charity, Anchor, is highlighting the “dire” need for the high street to reinvent itself as a new report…
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20 November
Retail bosses call on Chancellor for ‘shoppers’ budget’
Leading CEOs from across British retail are today backing Phillip Hammond, the Chancellor, to deliver a “shoppers’ Budget” including decisive…
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20 November
Christmas spending set to rise, says Accenture
Despite concerns around Brexit, spending on Christmas purchases is likely to increase in the UK this year, with more than…
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14 November
£100m Regent Street redevelopment confirmed
The Crown Estate, which owns the freehold on the majority of London’s Regent Street, has announced a £100m redevelopment plan…
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