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 -9 January
Brits spend record £4.8bn on groceries during Christmas
Sales at the UK supermarkets reached a record breaking £4.8bn during the week ending 23rd December 2023, according to the…
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9 January
Festive period fails to boost retail sales, BRC finds
Total retail sales in the UK rose by only 1.7% in December, against a growth of 6.9% the prior year,…
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9 January
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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9 January
N Brown appoints new director of supply chain
N Brown Group has announced the appointment of Clare Empson as its new director of supply chain. According to N…
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9 January
Boohoo eyes closure of Leicester factory
Boohoo Group is looking to close its Thurmaston Lane factory in Leicester in favour of relocating its operations, Drapers has…
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9 January
B&M sales rise 5% to £1.6bn in Q3
B&M has reported that year-on-year revenues rose by 5% to £1.6bn in Q3 2024. In the 14-week period to 30…
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8 January
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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8 January
Nisa announces £1m price drop campaign
Nisa has recently announced a £1m price drop campaign to lower the wholesale selling price (WSP) of hundreds of products,…
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8 January
Majestic sales rise 8.1% in run-up to Christmas
Majestic has experienced its “best ever” Christmas trading period after recording a 8.1% increase in total sales in the eight…
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8 January
£90m Oxford Street revamp project to begin in autumn
Westminster City Council has greenlit the £90m renovation of Oxford Street and has set to move the programme forward with…
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