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.
-
Jun- 2023 -1 June
Dr Martens profits drop 29% to £128m
Dr Martens has reported that its profit after tax declined 29% to £128m for the year ended 31 March 2023,…
Read More » -
1 June
Cotton Traders hails ‘most successful’ year to date
Fashion retailer Cotton Traders has welcomed its “most successful financial year to date”, announcing it has increased its yearly turnover…
Read More » -
May- 2023 -31 May
Tommy Hilfiger and Calvin Klein sign deal at Caledonia Park
Tommy Hilfiger and Calvin Klein have signed at Caledonia Park, Scotland’s premium designer outlet village, following a record-breaking first quarter…
Read More » -
31 May
Sainsbury’s launches new initiative to tackle food poverty
Sainsbury’s has announced that it will donate 50p from every product sold in the ‘Inspired to Cook’ range to Comic…
Read More » -
31 May
UK supermarkets see sales up 12.3% in May
UK supermarkets experienced a 12.3% uplift in total till sales over the last four weeks ending 20 May 2023, up…
Read More » -
31 May
WHSmith raises guidance ahead of summer
WHSmith has announced that it is raising its profit guidance for FY23 as it hedges its bets on a strong…
Read More » -
31 May
Summer bank holiday boosts UK footfall by 5.4%
Over the May summer bank holiday weekend, footfall increased by 5.4% across all UK retail destinations, according to the latest…
Read More » -
31 May
Asda chair slams ‘clumsy’ food price cap plan
The chair of Asda and EG Group has criticised the government’s “clumsy” plan to introduce price caps on food staples.…
Read More » -
31 May
B&M FY profits fall by 17% to £436m
B&M has reported that pre-tax profits fell by 17% to £436m in FY23, down from £525m the prior year. Despite…
Read More » -
31 May
Amazon launches new term-time contracts for parents
Amazon has launched an innovative new contract that offers parents, grandparents and guardians of school-age children the choice to work…
Read More »
