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- 2023 -30 November
EG Group EBITDA falls to $345m in Q3 following Asda acquisition
EG Group, the global food services and petrol forecourts operator, has revealed that its EBITDA dipped 18% to $345m (£272m)…
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30 November
Dr Martens issues profit warning amid challenging US backdrop
Dr Martens has issued a profit warning due to challenging headwinds in the US. The British footwear brand’s profit before…
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29 November
Today’s news in brief-29/11/23
José Neves, the owner of luxury fashion site Farfetch, is reportedly in talks to take the company private, just five…
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29 November
Dune London opens new flagship store in Manchester
Dune London has announced the opening of a new 1,596 sq ft flagship store in the Manchester Arndale, expanding its…
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29 November
Branded grocery suppliers increased unit profitability, CMA probe finds
A number of suppliers of branded grocery products “raised prices faster than costs rose”, according to the CMA’s latest findings…
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29 November
Farfetch owner eyes taking business private as it delays results
The owner of luxury fashion site Farfetch, José Neves, is reportedly planning on taking the company private just five years…
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29 November
Halfords HY profits jump 3.3% to £19.3m
Halfords has revealed that it posted profit before tax of £19.3m for the 26 weeks ended 29 September, up 3.3%…
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29 November
Canada Goose acquires knitwear manufacturer Paola Confectii
Canada Goose has recently announced the acquisition of the operating assets of Paola Confectii Manufacturing for an undisclosed sum. Building…
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28 November
Co-op opens purpose-built store in Aberdeen
Co-op has opened its newest purpose-built, 4,000 sq ft store in Aberdeen’s King Street, creating 15 local jobs. The store…
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28 November
Falling inflation under threat in 2024, BRC warns
The British Retail Consortium (BRC) has warned that the current trend of falling inflation could be under threat in the…
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