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- 2024 -10 January
Today’s news in brief-10/1/24
Sainsbury’s reported a 6.5% increase in retail sales for the 16 weeks ending January 6, 2024. Grocery sales rose by…
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10 January
Axel Arigato to open flagship store in Covent Garden
Axel Arigato, the Swedish footwear brand, is set to open a new flagship store in Covent Garden in 2024. Located…
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10 January
Greggs to open 160 new stores as FY23 sales rise
Greggs has revealed it plans to open between 140 and 160 new shops in 2024 as total sales in FY23…
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10 January
Sosandar revenues up 23% in record quarter of trading
Sosandar has welcomed a record quarter of trading over the festive period, with revenues soaring 23% to £14.3m in the…
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10 January
Liverpool One reports strongest start to year since 2018
Grosvenor has reported that 2024 is already expected to top last years’ performance at Liverpool One, with a 10% increase…
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10 January
Marks Electrical reduces profit guidance despite rise in sales
Marks Electrical has reduced its full-year profit guidance despite reporting a 22% increase in revenues to £88.9m for the nine…
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10 January
Sainsbury’s Q3 sales jump 6.5% amid Christmas boost
Sainsbury’s has revealed that its retail sales jumped 6.5% for the 16 weeks ended 6 January 2024. As a result…
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10 January
ProCook revenues rise 3% over Golden Quarter
ProCook has revealed that total revenues over the third quarter increased by 3% year-on-year to £23.1m. While the kitchenware retailer’s…
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9 January
Today’s news in brief-9/1/24
The UK saw record-breaking grocery sales of £4.8bn during the week ending December 23, 2023, representing a 4.3% increase compared…
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9 January
Cotswold Outdoor owner to boost in-store efficiency
O&CC, the owner of brands Cotswold Outdoor, Snow and Rock and Runners Need, plans to complete a full chain rollout…
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