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.
-
Aug- 2023 -25 August
UK consumer confidence improves in August as inflation falls
GfK’s Consumer Confidence Index was up five points to -25 in August, compared with -44 in August 2022. UK consumers’…
Read More » -
24 August
Asda announces £23m investment to lower its prices
Asda has recently announced price cuts on 425 branded and own-label products as part of its continued support for families…
Read More » -
24 August
Abercrombie & Fitch raises guidance as Hollister brand boosts sales
Abercrombie and Fitch has increased its full-year outlook ranges on sales and operating margin after its Hollister brand helped boost…
Read More » -
24 August
Aldi calls for Wilko staff to apply for over 6,000 roles
Aldi has called upon staff at Wilko to get in touch with the company about jobs amid the news that…
Read More » -
24 August
Mulberry appoints new non-executive director
British luxury brand Mulberry has announced the appointment of Leslie Serrero as an additional independent non-executive director, following the conclusion…
Read More » -
24 August
Majority of Wilko stores to close ‘within weeks’
The majority of remaining Wilko stores are set to shutter “within weeks” and redundancies are expected to begin after the…
Read More » -
24 August
Foot Locker sales fall 9.9% in Q2
Footwear and clothing retailer Foot Locker reported a 9.9% decrease in sales to $1.8bn (£1.4bn) in Q2, compared with sales…
Read More » -
23 August
Tesco introduces clear caps on milk bottles to improve recyclability
Tesco has today (23 August) announced the introduction of new clear caps for bottles of milk, in a bid to…
Read More » -
23 August
Urban Outfitters owner sees income rise 75% in Q2
Urban Outfitters Inc, the owner of Urban Outfitters, has reported a net income of $104.1m (£82m) for the three months…
Read More » -
23 August
House of Fraser to close two more stores
House of Fraser is set to close two more of its stores as parent company Frasers Group continues to prioritise…
Read More »
