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 -1 December
Foot Locker reshuffles leadership as CFO steps down
New York-based athletic retailer Footlocker has announced the appointments of Frank Bracken and Elliott Rogers as chief commercial officer and…
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1 December
Hotel Chocolat falls to £9.2m loss in FY22
Hotel Chocolat has fallen to a pre-tax loss of £9.2m in its latest full-year results, down from a profit of…
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1 December
Foschini eyes Joules rescue deal
The Foschini Group is reportedly close to agreeing a deal to acquire the majority of collapsed retailer Joules’ stores and…
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1 December
Footfall gap to 2019 widens to -11.1% in Nov despite Black Friday boost
The gap in footfall from 2019 widened in November to -11.1% from -9.8% in October and -12.6% in September; -12.4%…
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1 December
Primark invests €100m into Spanish expansion
Primark has announced an investment of €100m (£86m) in the Spanish market including opening eight new stores and creating 1,000…
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Nov- 2022 -30 November
Topps tiles announces second consecutive year of record revenue
Topps tiles has announced a second consecutive year of record revenues, as its gross revenues increased 8% to £247.2m. For…
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30 November
Mulberry reports £3.8m loss in H1
British sustainable luxury brand Mulberry reported a pre-tax loss of £3.8m in the first half of this year, down from…
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30 November
Boohoo alters suppliers payment terms
Boohoo has changed payment terms for suppliers from 30 days to 60 days, effective from 1 December, according to Drapers.…
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30 November
‘Bleak’ winter ahead as shop price inflation hits 7.4%, says BRC
The BRC has warned of a “bleak” winter ahead after shop price annual inflation accelerated to 7.4% in November, up…
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29 November
Ikea invests £12m in cost of living support package
Ikea has announced that it is investing £12m in a pay increase and wellbeing support package for staff across the…
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