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.
-
Jan- 2024 -22 January
Virgin Wines revenues rise 2% in H1
Virgin Wines has revealed that total revenues rose by 2% year-on-year to £34.3m in the six months ended 29 December,…
Read More » -
22 January
Revolve reappoints Jenny Baxter Moser to its board
Jennifer Baxter Moser, who previously served on Revolve’s board of directors during a period of “significant growth and value creation”…
Read More » -
22 January
Tesco IT glitch leads to cancelled deliveries
Tesco customers were left without deliveries on Sunday morning following a technical fault with the supermarket’s IT system. According to…
Read More » -
22 January
Retailer’s guide to post-purchase customer engagement
Thank You Goes a Long Way The first step in post-purchase engagement is simple but often overlooked – say thank…
Read More » -
19 January
Today’s news in brief-19/1/24
In December 2023, the Office for National Statistics (ONS) reported a significant 3.2% drop in retail sales volumes in the…
Read More » -
19 January
Asda to roll out 21 new stores by the end of January
Asda has announced that it will be adding 21 new convenience stores to its estate by the end of this…
Read More » -
19 January
Pepco Q1 revenues hit €1.9bn as it warns on Red Sea disruption
The Pepco Group has posted record Q1 revenues of €1.9bn (£1.63bn) up 10.8% and boosted by new openings. It comes…
Read More » -
19 January
Birkenstock revenues rise to €1.49bn
Birkenstock has reported a 20% increase in revenues to €1.49bn (£1.28bn) for the year to 30 September 2023, boosted by…
Read More » -
19 January
M&S to invest £30m in Scottish stores
M&S has unveiled plans to invest £30m in bricks and mortar stores across Scotland. The retailer’s investment will deliver more…
Read More » -
19 January
DFS downgrades sales guidance for FY24
DFS has downgraded its sales guidance for the year, after reporting that gross sales dropped 5.6% year-on-year during the 26…
Read More »
