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 -25 May
A&F sales hit $836m in Q1
Abercrombie and Fitch has reported a 3% increase in net sales to $836m (£675m) for the first quarter of 2023. …
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25 May
Crew Clothing CEO ousted by group’s owner
Crew Clothing’s CEO has reportedly been ousted by the group’s owner, This is Money has reported, with other senior executives…
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25 May
Pets at Home profits fall despite increased revenues
Pets at Home has announced that its profit before tax has dropped 17.7% to £122.5m for the year ended 30…
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25 May
Card Factory launches first click and collect service
Card Factory has launched its first UK-wide click and collect service, following the success of a trial period across 87…
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25 May
Urban Outfitters owner sees sales hit £900m in Q1
URBN, parent company of Urban Outfitters, Anthropologie and Free People, has seen net sales rise 5.9% to a record $1.11bn…
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24 May
Sainsbury’s to sell 100% MSC certified tuna at lower price
Sainsbury’s has become the first big four supermarket to sell 100% MSC (Marine Stewardship Council) certified canned tuna, in a…
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24 May
VF Corp FY revenues dip as Vans sales fall
VF Corp, the owner of brands such as Vans, The North Face and Timberland, has seen its revenues dip by…
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24 May
Co-op and Starship expand robot delivery service in Yorkshire
The partnership between Starship Technologies and The Co-operative is rolling out autonomous grocery deliveries from today (24 May) to local…
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24 May
Inflation falls to 8.7% in April
Inflation has fallen to 8.7% in April, marking the first time it has been in single digits since last summer,…
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24 May
Uniqlo permanently closes stores in Russia
Japanese retailer Uniqlo has recently announced it is leaving Russia after the suspension of its operations last year, Reuters has…
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