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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Jun- 2023 -28 June
Mulberry profits fall to £13.2m in FY23
Mulberry has reported that pre-tax profits fell from £21.3m to £13.2m in the year ended 1 April 2023, despite reporting…
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28 June
Boots to close 300 stores despite strong Q3 sales
Boots will reportedly shut 300 branches across the UK over the coming year, despite the group’s retail sales increasing by…
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28 June
Boohoo airs ‘serious concerns’ over Revolution Beauty board changes
Boohoo has raised “serious concerns” about the conduct of the Revolution Beauty board after the company fired and rehired its…
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27 June
Sainsbury’s invests a further £15m in price cuts
Sainsbury’s has announced a £15m investment to cut the price of cupboard staples such as rice and pasta to help…
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27 June
Vistamusic.com relaunches Dawsons following acquisition
Online music retailer, Vistamusic.com, has relaunched Dawsons following its recent acquisition of the music retailer. Dawsons, which was first established…
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27 June
Shop price inflation falls to 8.4% in June
Shop price inflation in the UK has fallen to 8.4% in June, down from 9% in May, according to new…
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27 June
Ocado appoints new non-executive director
Ocado Group has appointed Rachel Osborne as an independent non-executive director with effect from September 2023 amid recent takeover speculations.…
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27 June
Hot weather fails to tempt shoppers as footfall drops by 2.3%
The recent hot and sunny weather failed to tempt shoppers last week, as footfall across all UK retail destinations fell…
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27 June
JD Sports on track to hit £1bn in profits this year
JD Sports has revealed that the headline profit before tax and adjusted items for the year ending 3 February 2024…
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27 June
Asos appoints sustainability expert as ESG chair
Asos has announced the appointment of Anna Maria Rugarli as non-executive director and chair of the ESG Committee. Rugarli is…
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