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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May- 2023 -23 May
Frasers launches bid to acquire ProBikeKit
Frasers Group is in talks to buy cycling goods specialist ProBikeKit, according to Sky News. Mike Ashley’s retail group is…
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23 May
Victoria Plumbing revenues up 10% in H1
Victoria Plumbing has revealed that half-year revenues increased 10% year-on-year to £146.8m for the six months ended 31 March, compared…
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22 May
M&S launches 12 week paid Neonatal Leave
Marks & Spencer has today announced a new policy which will give families of premature babies or babies that need…
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22 May
Wilko eyes CVA to slash costs
Wilko is considering entering into a company voluntary arrangement (CVA) to renegotiate rents and possibly close some of its stores…
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22 May
Foot Locker sees 11.4% drop in sales to $1.9bn
Foot Locker has reported a 11.4% decline in total sales to $1.92bn (£1.5bn) for its first quarter ended 29 April…
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22 May
Sandersons appoints new head of buying
Independent department store Sandersons has recently appointed Louise Fearnehough as head of buying. Fearnehough joined the company seven years ago…
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22 May
Sainsbury’s plots online fashion marketplace
Sainsbury’s is planning to launch an online fashion marketplace for high street fashion brands, according to reports from The Times.…
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22 May
E-bike brand Cowboy launches retail partner network
E-bike brand Cowboy has announced the launch of its retail partner network with independent bike shops across Europe. The brand…
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22 May
LK Bennett profits hit £30m amid spike in eventwear sales
LK Bennett has reported a 40% rise in its gross profit for the year ended January 2023 to over £30m,…
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19 May
Dobbies increases support for team members’ mental health
UK garden centre retailer Dobbies will be increasing the mental health support of its 4,000 team members by training more…
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