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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Mar- 2023 -3 March
Amazon plans to abandon Gloucester distribution centre
Amazon has revealed its plan to abandon its Gloucester Centre Severn distribution centre, which the company noted had never been…
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3 March
WH Smith hit by cyber security attack
WH Smith has been hit by a large cyber security incident which has resulted in company data, including current and…
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2 March
Victorian Plumbing welcomes strong start to FY23
Victorian Plumbing has welcomed a “strong” start to the financial year, with revenues up by 10% in the five months…
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2 March
Footfall falls by 5.3% following half-term boost
Footfall across UK retail destinations declined by -5.3% last week from the week before when it surged +7.6% thanks to…
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2 March
High street chain stores closing at lowest rate since 2014
High street chain stores closed at the slowest rate since 2014 in the second half of 2022 according to data…
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2 March
Shop Price inflation hits 8.4% in February
Shop price inflation reached a record high in February amid warnings that consumers are unlikely to see prices dropping again…
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2 March
Urban Outfitters owner hits record income for Q4
Urban Outfitters, Inc, the retail operator of brands Urban Outfitters, Anthropologie, and Free People, has revealed a record net income…
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2 March
Pret A Manger to give staff third pay rise in a year
Pret A Manger has announced that it will give staff a 3% pay rise, the third one in 12 months. …
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1 March
Travis Perkins closes 19 stores as its profits fall 20% to £192m
DIY retailer and building material supplier Travis Perkins has revealed it reduced its store estate by 19 branches and axed…
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1 March
B&M announces store reshuffle
Discount retailer B&M has announced that it is closing a number of stores over the next few weeks not for…
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