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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Oct- 2023 -25 October
ScS sales dip 0.4% below FY22 levels
ScS revealed that its sales were only 0.4% below the prior year for the 52 weeks ended 29 July, ending…
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25 October
Asos delays FY23 full-year results
Asos has announced that it is due to delay the publishing of its FY23 results by one week to 1…
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25 October
Virgin Wines sales fall by £10m in FY23
Virgin Wines has seen revenues fall to £59m in FY23, down from £69.2m, as the group battled with economic headwinds…
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24 October
Today’s news in brief-24/10/23
Furniture retailer ScS has agreed to be acquired by Italian brand Poltronesofà in a £99.4m deal. This acquisition, representing a…
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24 October
Retailers raise over £500m for good causes throughout the year, BRC finds
A new report by the British Retail Consortium (BRC) has found that retailers and their customers raised £540m for good…
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24 October
ScS to be acquired by Italian firm Poltronesofà in £99.4m deal
Furniture retailer ScS has revealed it has agreed to be acquired by Italian brand Poltronesofà in a £99.4m deal. SCS’s…
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24 October
Decathlon launches nationwide buyback service
Decathlon has announced the launch of a buyback service in 50 of its stores across the country. The scheme will…
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24 October
Lidl becomes third largest supermarket in London
Lidl GB has overtaken Asda to become the third largest supermarket in London with a market share high of 9.1%,…
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24 October
Sephora to open second UK store next month
Following the success of its first opening in the UK, Sephora has now announced that its second UK site will…
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24 October
Angling Direct revenues up 11.4% in H1
Fishing and tackle equipment retailer, Angling Direct, revealed that group revenues increased by 11.4% to £43.3m in the six months…
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