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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Apr- 2023 -27 April
Sainsbury’s posts fall in profits amid consumer cost measures
Sainsbury’s has seen its statutory pre-tax profits drop 62% to £327m, down from £854m the previous year, during the 52-week…
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27 April
Boohoo appoints John Goold as new board member
Boohoo has announced the appointment of John Goold to its board as an independent non-executive director. Goold will become chairman…
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27 April
Kering Q1 revenues hit €5bn amid ‘mixed’ results
Luxury goods company Kering has reported revenues of €5bn (£4.4bn) in its first quarter, up 2% on a reported basis…
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27 April
Hotel Chocolat warns sales to be lower than expected in FY23
Hotel Chocolat has reported that it expects sales in FY23 to be slightly lower than market expectations and that underlying…
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27 April
Frasers Group to unveil own version of Amazon Prime
Michael Murray, the chief executive of Frasers Group, has revealed at this year’s World Retail Congress in Barcelona that the…
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27 April
M&S invests £12.5m into London store estate
M&S is investing £12.5m into its stores across London in the coming year, in a move that will create 200…
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26 April
Puma Q1 sales jump 14% to €2.2bn
Sportswear giant Puma has revealed its first quarter sales jumped 14% to €2.18bn (£1.93bn) boosted by strong sales in its…
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26 April
Tesco and M&S among first to join Compostable Coalition UK
Representatives from Tesco, Marks and Spencer and Ocado Retail are among the first to be named as Compostable Coalition UK…
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26 April
Screwfix to install defibrillators in all nationwide stores
Screwfix, the British retailer of trade tools, has partnered with the British Heart Foundation to install defibrillators in all of…
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26 April
John Lewis names first head of loyalty as it rolls out more rewards schemes
John Lewis Partnership has partnered with customer loyalty and marketing experts dunnhumby and Eagle Eye to create more benefits for…
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