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- 2023 -9 January
Lidl sees sales rise 25% in run up to Christmas
Lidl GB has announced that over 1.3m people shopped with them in the run up to Christmas, as its sales…
Read More » -
9 January
Stitch Fix cuts workforce as CEO exits
Stitch Fix, an online personal styling service, has announced it will reduce the size of its workforce by around 20%,…
Read More » -
9 January
Timpson rescues In-Time out of administration
Timpson has announced the acquisition of watch and jewellery repairer In-Time, which had collapsed in the days running up to…
Read More » -
6 January
Independent department store Sandersons reports record festive sales
Independent department store Sandersons Boutique has hailed a record-breaking festive sales period, despite facing a cost-of-living crisis, freezing weather conditions…
Read More » -
6 January
LCP Group acquires Gateway Retail Park
The LCP Group has announced it has acquired a Gateway Retail Park in Harwich, Essex – marking more than 20…
Read More » -
6 January
Boots Q1 sales driven by ‘record’ Black Friday
Boots has welcomed a strong performance in its first quarter of trading, with like-for-like sales up by 8.7%, in part…
Read More » -
6 January
Holland and Barrett appoints new executive chair
Holland and Barrett has announced the appointment of Alex Gourlay as its new executive chair. He has taken over from…
Read More » -
5 January
Wilko secures £40m in funding from Homebase owner
Wilko has reportedly secured £40m in funding from Hilco UK, the investor which owns both Homebase and Cath Kidston. According…
Read More » -
5 January
B&M sees Q3 revenues hit £1.56bn
Variety goods retailer B&M has announced Q3 revenues of £1.56bn, up from £1.39bn compared with last year, a 6% increase…
Read More » -
5 January
Next ups guidance amid strong Christmas sales
Next has increased its full year profit before tax guidance by £20m to £860m, as sales in the Christmas period…
Read More »
