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Clothing & Shoes
Shoezone profit before tax jumps to £16.2m
Shoezone has revealed that its profit before tax has risen to £16.2m, up from £13.6m last year, for the year…
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News
Today’s news in brief-8/1/24
The UK retail sector faced challenges as almost 120,000 jobs were lost and over 10,000 stores closed, according to data…
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High Street
Matalan invests £35m to lower prices
Matalan has announced that it has invested £35m to cut prices on over 700 products amid the ongoing cost of…
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News
Today’s news in brief-5/1/24
Asda and Usdaw have signed a collective bargaining agreement, enabling the union to represent hourly-paid employees in convenience stores and…
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Clothing & Shoes
Next boss warns of stock delays due to Red Sea attacks
Next chief executive Lord Simon Wolfson has warned of stock delays as a result of the attacks on cargo ships…
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News
Today’s news in brief-4/1/24
UK retail footfall rose by 6.1% in December driven by a festive shopping surge. Shopping centres led with an 11.1%…
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Sport & Leisure
JD Sports lowers guidance after underwhelming Christmas sales
JD Sports has lowered its full year profit guidance to between £915m – £935m, down from its ambitious £1bn target…
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News
Today’s news in brief- 3/1/24
Asda has appointed Matt Kelleher, former Chief Information Officer at Morrisons, as its first Chief Digital Officer. Kelleher will be…
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Supermarkets
Supermarkets see highest December transactions since 2019
Britons made 488 million trips to the supermarkets over the four weeks to 24 December, 12 million more than last…
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News
Today’s news in brief-2/1/24
Central Group is reportedly considering increasing its stake in luxury department store Selfridges as co-owner Sigma faces financial issues. Central…
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