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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Jan- 2025 -24 January
Burberry revenues slide 7% in Q3
Burberry has seen its revenues drop by 7% year-on-year to £659m for the 13 weeks ended 28 December 2024. The…
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24 January
Morrisons to axe hundreds of roles as part of cost-cutting plans
Morrisons is set to cut more than 200 roles from its Retail People Team, in the same week that Sainsbury’s…
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24 January
White Stuff sales soar by 20% over Christmas period
White Stuff has reported that sales soared by more than 20% over the Christmas period, with trading underpinned by strong…
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23 January
Today’s news in brief-23/1/25
Primark has revised its sales forecast for 2025 downwards following a challenging autumn trading period in the UK and Ireland.…
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23 January
Bloom Perfumery relocates to bigger location in Covent Garden
London’s Bloom Perfumery has relocated within Covent Garden to a larger location within The Yards. Accommodating the brand’s significant growth…
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23 January
Sainsbury’s to axe 3,000 roles and shut cafes and counters
Sainsbury’s is set to axe 3,000 roles across the business as part of restructuring plans that aim to “simplify” its…
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23 January
Wickes hails progress in gender and ethnicity pay gap report
Wickes, the home improvement retailer, has revealed it has continued to build gender and ethnicity equality at every level in…
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23 January
Primark lowers FY guidance amid weak UK autumn trading
Primark has lowered its sales outlook for 2025 after the UK reported weak sales amid a “challenging retail environment” over…
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23 January
Rituals breaks €2bn revenue barrier
Rituals has announced that it posted revenues of €2.1bn (£1.78bn) in 2024 driven by an organic growth of 21% across…
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23 January
THG hits FY expectations despite Q4 sales decline
THG has reported a decline in Q4 sales across some divisions, but remains on track to meet full-year expectations having…
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