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 -17 July
Sidemen opens first physical clothing store in Bluewater
Youtube collective the Sidemen have announced the launch of its first physical clothing store in Bluewater. The 6,000sq ft store…
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17 July
Grocery prices soar more than 25.8% in two years, says Which?
The price of groceries at supermarkets has gone up 25.8% since the cost of living crisis began, according to new…
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17 July
Virgin Wines FY trading meets forecast
Virgin Wines has reported that full-year revenues are expected to be £59m, and profits of “no less than £0.5m” for…
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17 July
DFS hits FY23 profit guidance amid record market share
Furniture retailer DFS has announced that it has hit its profit guidance of just over £30m for the year ended…
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17 July
Credit insurance lowered for Boohoo suppliers
Leading credit insurer Allianz Trade has lowered cover for Boohoo’s suppliers following the financial pressures faced by the retailer, The…
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14 July
Next partners with stem cell charity Anthony Nolan
UK retailer Next has announced a two-year partnership with stem cell transplant charity Anthony Nolan. The charity will work with…
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14 July
Selfridges unveils new loyalty scheme Unlocked
Selfridges has introduced its new loyalty programme, Selfridges Unlocked, which will see that participating customers ‘unlock’ the best product launches,…
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14 July
Sustainable retail concept All Good Things secures £2.5m investment
All Good Things, the independent retailer that exclusively sells pre-loved, fragmented or repaired clothing, has secured a £2.5m equity investment.…
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14 July
MPs to quiz Asda boss on fuel price competition
Members of Parliament are set to question Mohsin Issa, co-owner of Asda, on comments from one of his lieutenants over…
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14 July
Dr Martens wholesale revenues continue to decline in Q1
Dr Martens has reported that since the start of this financial year, its wholesale revenues have been lower year-on-year across…
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