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 -23 November
BRC accuses Hunt of ‘selling out’ retailers and customers
The British Retail Consortium (BRC) has accused the chancellor of selling out retailers and customers in his Autumn Statement delivered…
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23 November
Nisa appoints new director of retail and sales
Peter Batt, managing director at Nisa, has appointed Katie Secretan to his senior leadership team as director of sales and…
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22 November
Chancellor cuts National Insurance to 10% alongside NLW rise
Chancellor Jeremy Hunt has announced a series of measures to help boost the UK economy as part of his Autumn…
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22 November
Kingfisher lowers profit guidance amid slight sales drop
Kingfisher has lowered its profit guidance for the year after it saw its sales slip 2.1% to £3.2bn for the…
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22 November
Urban Outfitters owner hits ‘record’ $1.28bn in Q3 sales
Urbn, the parent company of Urban Outfitters, Free People and Anthropologie, revealed it experienced “record” sales of $1.28bn (£1.02bn) during…
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22 November
Victoria Plumbing sees revenues and profits rise in FY 2023
Victorian Plumbing Group has reported a 26% increase in operating profits to £15.3m and a 6% increase in revenues to…
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21 November
Today’s news in brief-21/11/23
AO World has reported a significant turnaround in its financials for the six months ending September 30. The company posted…
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21 November
Businesses call to freeze Northern Ireland rate
A diverse range of business organisations have united to call on the leaders of the local political parties to support…
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21 November
AO World ups guidance as profits hit £13m
AO World has upped its profit guidance after it posted profit before tax of £13m, up from a loss of…
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21 November
Footfall improves ahead of Black Friday
Footfall edged up 0.4% in the week before Black Friday across all retail destinations, new data from MRI Software suggests. …
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