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 -19 September
Quiz revenues drop 15% in Q1 as demand cools
Quiz has revealed that like-for-like revenues in the first quarter were 15% lower than the comparable period the previous year…
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19 September
Shein’s UK business posts £1bn sales
Shein’s UK business has revealed that it reached £1bn in sales for the 16 months ended 31 December 2022. The…
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19 September
B&Q owner Kingfisher slashes full-year guidance
B&Q owner Kingfisher has slashed its full-year profit guidance to £590m, down from £634, as the retailer continues to face…
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18 September
Today’s news in brief
Mike Ashley is reportedly in talks to sell the online clothing label Missguided to Shein, a Chinese-founded online fashion platform.…
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18 September
JD Williams launches premium clothing collection for women
JD Williams, a leading brand within N Brown Group plc, has announced the launch of a new range of premium…
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18 September
Andrews Tiles expands with two new sites
Leeds-based tile firm Andrews Tiles has expanded its range of sites, entering Greater Manchester for the first time in the…
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18 September
Lululemon adds Shane Grants to its board
Lululemon Athletica has announced the appointment of Shane Grant to serve on its board of directors, effective 1 November 2023.…
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18 September
Mike Ashley eyes Missguided sale to Shein
Mike Ashley is looking to sell the online clothing label Missguided to the Chinese-founded online fashion platform, Shein, Sky News…
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18 September
Over 100,000 retail jobs lost since 2020 after Wilko collapse
The number of retail job losses since 2020 is set to pass 100,000 as a result of the 12,500 jobs…
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18 September
Boots ditches plans for online marketplace
Boots has reportedly decided to ditch plans for the launch of its online marketplace, according to Retail Week. The health…
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