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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Jul- 2023 -5 July
AO returns to profit in FY23
Electrical retailer AO World has achieved statutory profit before tax of £7.6m for the year ended 31 March, compared with…
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5 July
Quiz revenues rise by 17% in FY23
Quiz, the omnichannel fashion brand, has reported a 17% revenue increase to £91.7m for the year ended in March 2023. …
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4 July
Burberry opens refurbished Bond Street store
Burberry has announced the anticipated reopening of its global flagship store on New Bond Street, London. Located at 21-23 New…
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4 July
M&S expands Shwopping scheme to more stores
M&S has announced it is extending its long-standing Shwopping scheme with the roll-out of dedicated school uniform Shwop boxes in…
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4 July
SCS names Mark Fleetwod as CFO
Flooring and furniture retailer ScS has revealed it has appointed Mark Fleetwood as chief financial officer (CFO). He will join…
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4 July
Bensons for Beds maintains sales momentum in Q3
Nationwide bed and mattress retailer Bensons for Beds has announced the continuation of its FY23 sales momentum in the third…
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4 July
CMA issues £60,000 fine to Asda over fuel price probe failure
The Competitions and Market Authority (CMA) has fined Asda £60,000 for failing to provide information for its fuel pricing probe…
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4 July
Morrisons to close Bradford manufacturing site, 450 jobs at risk
Retail trade union USDAW has been briefed by Morrisons about its intention to close the Bradford manufacturing site at Cutler…
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4 July
Sainsbury’s returns to growth in Q1 as food inflation falls
Sainsbury’s welcomed a return to volume growth and strengthening market share outperformance in Q1, largely driven by a strong grocery…
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3 July
The Vampire’s Wife served winding up petition by HMRC
The Vampire’s Wife has been issued with a winding up petition from HMRC on Friday (30 June), according to filings…
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