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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Jan- 2024 -26 January
Today’s news in brief-26/1/24
Superdry reported a challenging trading environment with half-year revenues down 23.5% to £219.8m. The wholesale division faced a significant decline…
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26 January
Rituals opens at two new locations
Luxury beauty and wellbeing brand Rituals has officially opened at Festival Place in Basingstoke, and Merry Hill in the West…
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26 January
WH Smith sees strong start to year as Travel sales rise
WH Smith has delivered a strong performance in the 20 weeks ended 20 January, with total revenues up by 8%,…
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26 January
Retail theft hits highest rate in 20 years
Data from the Office for National Statistics shows that there were over 400,000 incidents of shoplifting in the year to…
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26 January
M&S makes two new executive appointments
M&S has announced the appointment of Rachel Higham as its new chief digital and technology officer and Mark Lemming as…
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26 January
John Lewis could cut jobs amid halved redundancy payouts
John Lewis Partnership has implied that it could make job cuts across the business after it slashed its redundancy payouts,…
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26 January
Superdry reports ‘challenging’ trading amid new CFO announcement
Superdry has revealed its half-year revenues are down 23.5% to £219.8m due to a “challenging” consumer retail market as it…
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25 January
Today’s news in brief-25/1/24
Halfords reported that its Q3 total revenues were up 1.6%, with a 2.0% increase on a like-for-like basis. However, December…
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25 January
Co-op launches sustainability pilot for farmers
Co-op has announced a pilot scheme to financially reward farmers in its beef supply chain for sustainable farming practices. In…
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25 January
N Brown Group appoints new chief people officer
N Brown Group, the fashion and homeware digital retailer, has appointed Natalie Rogers as the business’ new chief people officer.…
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