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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Oct- 2023 -12 October
Arc’teryx to open new Covent Garden flagship
Shaftesbury Capital has announced that Arc’teryx, the Canadian high performance outdoor apparel and accessories brand, will be significantly upsizing to…
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12 October
Hotel Chocolat revenues fall 10% in FY23
Hotel Chocolat has reported that revenue fell by 10% to £204.5m in the year ended 2 July, due to lower…
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12 October
Poundland owner revenues hit €5.6bn in FY23
Pepco Group, owner of Poundland in the UK and Dealz brands in Europe, reported a 17.7% revenue increase to €5.6bn…
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12 October
UK economy improves slightly in August
The UK economy is estimated to have grown by 0.2% in August 2023, following a fall of 0.6% in July…
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12 October
Next nears £100m FatFace takeover deal
Next is reportedly nearing a deal to acquire FatFace as part of its latest takeover move, in a deal that…
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12 October
N Brown profit before tax falls 97%
N Brown has announced that its profit before tax fell 97% from £4.3m to £0.1m for the 26 weeks ended…
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12 October
Marks Electrical revenues up 24.8% to £53.9m
Marks Electrical has reported a 24.8% increase in revenues to £53.9m during the first half of the year. The group…
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11 October
Today’s news in brief-11/10/23
Travis Perkins has revised down its full-year earnings forecast due to challenging market conditions and a significant slowdown in new…
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11 October
Jigsaw sales and profits leap in FY22
Jigsaw experienced a 28.6% rise in EBITDA to £3.6m and an operating profit of £1.9m for the year ended 28…
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11 October
Asda invests £9m to cut price of over 200 products
Asda has today announced further price cuts on 232 branded and own-label products as part of its continued support for…
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