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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Nov- 2024 -28 November
Very Group losses widen in Q1
The Very Group has revealed that its loss-before-tax rose to £22.9m in the 13 weeks ended 28 September 2024, an…
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27 November
Today’s news in brief-27/11/24
The House of Lords Built Environment Committee has urged high streets to evolve beyond retail to reverse their decline. Its…
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27 November
Reiss opens new store at Metrocentre
Reiss has announced the opening of its brand new store at Metrocentre shopping destination in Newcastle. The 3,933 sq ft…
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27 November
JD Sports acquires Courir in €520m deal
JD Sports has completed its acquisition of French sneaker retailer Group Courir for €520m (£433m), which will be paid through…
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27 November
High street should ‘look beyond retail’, says new Lords report
The high street has been advised to “look beyond retail” in order to reverse its decline, according to a new…
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27 November
DFS secures SBTi approval for emissions reduction targets
Sofas retailer DFS Furniture has announced that its near-term science-based emissions reduction target has been approved by the Science Based…
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27 November
Around 92% supermarket loyalty schemes offer ‘genuine’ savings, CMA finds
The Competition and Markets Authority (CMA) has found that people who are members of a loyalty scheme can almost always…
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27 November
Frasers acquires South African sports retailer Holdsport
Frasers Group has expanded its global footprint through acquiring South African sporting, outdoor and recreation goods company, Holdsport.It acquired the…
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27 November
Pets at Home HY PBT up 14% to £54.5m
Pets at Home has revealed that its underlying profit-before-tax rose 14.1% to £54.5m for the half year ended 10 October…
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26 November
Today’s news in brief-26/11/24
AO World has raised its full-year profit forecast to between £39m-£44m after reporting a 30% rise in pre-tax profits to…
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