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 -9 November
The Works lowers guidance due to sales uncertainty
The Works has announced that it has lowered its full-year guidance to an adjusted EBITDA of approximately £6.0m due to…
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9 November
B&M raises guidance as H1 sales rise 10%
B&M has upped its full-year outlook following a period of strong trading in H1, as sales rose by 10.4% to…
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9 November
Bridgestone takes 5% stake in Halfords business
Halfords has announced that global mobility company Bridgestone has agreed a 5% stake in its Avayler business for $3m (£2.4m).…
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9 November
WH Smith revenues up 28% to £1.7bn in FY23
WH Smith has reported that total group revenues increased 28% to £1.7bn for the year ended 31 August, up from…
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8 November
Today’s news in brief-8/11/23
JD Sports is facing scrutiny over a £3.5m non-compete deal with its former CEO, Peter Cowgill. This agreement, signed in…
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8 November
Superdrug to open new store in Bristol
Superdrug will open its doors to a brand-new store on Thursday 9 November at Bristol Gallagher Retail Park, creating 35…
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8 November
The O2 sales grow 47% in October
The O2’s Entertainment District, which is owned and operated by Waterfront Limited Partnership, has reported a sales uplift of 47%…
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8 November
BRC welcomes government pledge to bring down inflation
The British Retail Consortium (BRC) has welcomed the government’s pledge to bring down inflation as outlined in the King’s Speech…
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8 November
Lidl becomes first supermarket to launch body cameras for all staff
Lidl GB has become the first supermarket to roll out body-worn cameras across all its stores as standard, as it…
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8 November
M&S profits soar 75% to £360m in H1
M&S has reported its profit before tax soared by 75.3% to £360.2m in the first half of the year, up…
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