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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Dec- 2022 -23 December
Matalan sets January deadline for sale process
Matalan has announced that it plans to complete its sale process by the end of January 2023, after which a…
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22 December
Oak Furnitureland revenues hit £275.3m in FY22
Oak Furnitureland has revealed its revenues increased 10% to £275.3m in the financial year ended 30 June 2022. The furniture…
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22 December
Made.com board proposes vote on liquidation
The board of Made.com has formally proposed the winding up of the business through a voluntary liquidation process. In a…
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22 December
ASOS partners with Fashion Minority Report
Asos has announced its partnership with Fashion Minority Report (FMR), a business which aims to help fashion brands create inclusive…
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22 December
Under Armour appoints new CEO
Sportswear brand Under Armour has announced the appointment of Stephanie Linnartz as its CEO and president. Linnartz is currently the…
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21 December
Paul Smith halves operating loss as FY sales surge 35%
Fashion retailer Paul Smith has almost halved its operating loss from £16.16m to £8.25m for the year ended 30 June,…
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21 December
Pets at Home appoints former Asda CEO to its board
Pet retailer Pets at Home has announced the appointment of former Asda CEO Roger Burnley CBE as an independent non-executive…
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21 December
Nike Q2 revenues surge 17% to $13.3bn
Nike saw its revenues reach $13.3bn (£10.9bn) during the second quarter ended 30 November 2022, which is an increase of…
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20 December
Flannels joins rental market with Hurr partnership
Flannels has announced the launch of its new rental strategy, in partnership with rental platform Hurr. It has revealed that…
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20 December
Morrisons to close 132 McColl’s stores
Morrisons has announced plans to close 132 McColl’s stores over the year as these stores have “no realistic prospect” of…
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