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.
-
Sep- 2023 -20 September
Ofgem urged to act on rates as consultation into broker fees ends
Ofgem has been urged to act on “out of contract” rates by Box Power, the same social enterprise which helped…
Read More » -
20 September
Poundland launches rebranded website
Poundland has today (20 September) relaunched its website, which now includes a range of around 3,000 items for home delivery. …
Read More » -
20 September
Poeticgem Group acquires Little Mistress
The Poeticgem Group has reportedly acquired the brand IP of womenswear brand Little Mistress, according to Drapers. Under the agreement…
Read More » -
20 September
Naked Wines swings to £15m loss in FY23
Naked Wines chairman Richard Gormley has issued an apology to shareholders after it reported a loss of £15m in 2023,…
Read More » -
20 September
Inflation ‘unexpectedly’ falls to 6.7%
The headline rate of inflation has fallen by 0.1% to 6.7% in August, according to the latest data from the…
Read More » -
20 September
Dunelm welcomes record sales of £1.64bn in FY23
Dunelm has welcomed record sales in its full-year results, with revenues up by 5.5% to £1.64bn, despite profits falling over…
Read More » -
20 September
Asda appoints new leaders to tech team amid Walmart separation
Asda has announced the appointment of Adrian Berry and Rob Barnes to its technology team to oversee the development of…
Read More » -
20 September
Moonpig expects H1 sales rise
Moonpig has revealed it expects its pro forma revenue to grow at a low single digit percentage rate in the…
Read More » -
19 September
Today’s news in brief-19/09/23
Kingfisher, the parent company of B&Q, has revised down its full-year profit forecast to £590m from the initial estimate of…
Read More » -
19 September
Majestic Wines opens Newark-on-Trent store
Specialist wine retailer has opened its latest store in Newark-on-Trent as part of its accelerated brick-and-mortar expansion. This opening marks…
Read More »
