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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Sep- 2023 -15 September
TikTok shop partners with CommerceHub to boost in-app shopping
Tik Tok Shop has partnered with CommerceHub, a provider of software solutions connecting supply, demand, and delivery for retailers and…
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15 September
Pepco Group CEO steps down
Pepco Group has confirmed that Trevor Masters has stepped down as CEO of the company with immediate effect. Andy Bond,…
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15 September
Johnstons of Elgin profits fall 15% in FY22
Scottish luxury cashmere retailer, Johnstons of Elgin, has revealed that its profit before tax dropped by 15.3% to £3.3m in…
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14 September
Nike Rise to open concept store in Birmingham
Nike will open its first ever Nike Rise concept store in Birmingham at Bullring and Grand Central, reflecting the strategy…
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14 September
Footasylum opens new 10,000 sq ft store in Essex
Streetwear and sportswear retailer, Footasylum, has opened its new 10,000 sq ft store in Lakeside Shopping Centre, Essex, and will…
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14 September
Lidl swings to loss despite revenues rising to £9.3bn
Lidl has reported a loss before tax of £75.9m despite seeing an 18.8% increase in its revenues to £9.3bn in…
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14 September
THG guidance remains unchanged despite losses widening
THG Group has reiterated that its adjusted EBITDA guidance for FY23 remains unchanged, despite its disposal of loss-making assets widening…
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14 September
John Lewis losses narrow in H1
The John Lewis Partnership has revealed that its losses before tax fell 41% to £59m for the 26 weeks ended…
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14 September
The Entertainer appoints new CEO
The Entertainer, the UK’s largest independent toy retailer, has announced the appointment of Andrew Murphy as group chief executive officer.…
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13 September
The Range agrees £5m deal for Wilko brand
Value retail chain The Range has agreed a deal to purchase the Wilko brand in a deal worth £5m, according…
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