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.
-
Jan- 2025 -15 January
Liverpool One’s footfall rises 10% in ‘most successful’ shopping season
Liverpool One has reported its “most successful” festive shopping season since 2019, with footfall up 10%. The run of success…
Read More » -
15 January
Currys raises profit outlook amid ‘strong peak trading’
Currys has revealed that it expects its profit-before-tax to land between £145-155m for the full year, 23-31% ahead of consensus…
Read More » -
15 January
NI increase will force retailers to raise prices, BRC warns
The British Retail Consortium (BRC) has warned that the National Insurance Increase, set to come into place this April, will…
Read More » -
15 January
Victorian Plumbing revenues hit £295m in FY24
Victorian Plumbing has reported a 4% revenue growth to £295.7m for the year ended 30 September 2024. The bathroom retailer…
Read More » -
15 January
Inflation unexpectedly falls to 2.5% in December
The rate of Consumer Price Index inflation unexpectedly fell one percentage point to 2.5% in December, dipping for the first…
Read More » -
15 January
Asos to shut US distribution centre to help boost profitability
Asos is set to close its US distribution centre and instead fulfill its US orders from the UK, as part…
Read More » -
15 January
The Entertainer appoints new COO
Teal Group, the parent company of the UK’s leading toy retailer, The Entertainer, has announced the appointment of former John…
Read More » -
14 January
Today’s news in brief-14/1/25
JD Sports adjusted its profit expectations for FY24 to £915m-£935m, down from an earlier forecast of £955m-£1bn, citing challenging market…
Read More » -
14 January
Historic Partridges store in Chelsea to close in February
Partridges, the independent family-run food store, has announced that after 53 years in Chelsea, it will be closing its fine…
Read More » -
14 January
The Very Group sales rise 2.3% in run-up to Christmas
The Very Group retail sales rose 2.3% year-on-year during the seven weeks to 27 December 2024. Excluding Nike, Very UK…
Read More »
