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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Nov- 2022 -11 November
UK economy contracts 0.2% in Q3
The first signs of the UK entering a recession reared its head in the last quarter as the economy contracted…
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11 November
Amazon CEO launches cost-cutting review
Amazon chief executive Andy Jassy is reportedly leading a cost-review of the business while examining businesses at the company that…
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11 November
Ralph Lauren welcomes ‘better than expected’ Q2
Ralph Lauren has welcomed “better than expected” trading in Q2, as revenues grew by 5% to $1.6bn (£1.36bn) over the…
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11 November
The Works sales rise in H1 despite online slowdown
The Works has reported total sales for the half-year increased by 2.1%, with total like-for-like sales having increased 0.6%. Store…
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10 November
Poundland to close on Boxing Day and New Year’s amid recruiting drive
Poundland has revealed that for the third year in a row all its stores will be closed on Boxing Day…
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10 November
B&M maintains FY23 outlook despite £40m profit drop
B&M has maintained its previous guidance for the full year (FY23) with group adjusted Ebitda expected to be in the…
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10 November
WH Smith profits soar amid global travel return
WH Smith has reported a headline pre-tax profit of £61m for the year to the end of August, against a…
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10 November
Revolution Beauty CEO resigns amid audit investigation
Revolution Beauty has announced that CEO Adam Minto has resigned as a director and stepped down from the business “with…
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10 November
Next Boss urges gov to allow more overseas workers
Next CEO Simon Wolfson has urged the government to allow more overseas workers into the UK on account of the…
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9 November
Atomos partners with WTW
Atomos has appointed WTW to provide multi-asset investment solutions for its UK-based retail investment portfolios. The agreement, based on a…
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