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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Sep- 2022 -22 September
Co-op Food boss Jo Whitfield steps down
Co-op has announced that Matt Hood will become managing director of Co-op Food after Jo Whitfield steps down from the…
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21 September
Ocado shares drop amid HSBC downgrade
Ocado Retail Ltd shares dropped on Tuesday (20 September) after analysts at HSBC downgraded the retailer’s rating from ‘hold’ to…
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21 September
JD Sports chair agrees £5.5m exit deal
JD Sports has reached an agreement with former chairman Peter Cowgill, which will see him receive £5.5m in an exit…
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21 September
Business energy bills to be capped under new gov scheme
The government has unveiled a new plan that is set to cap wholesale energy bills for businesses for an initial…
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21 September
Eve Sleep losses widen amid ‘appalling’ market conditions
Eve Sleep, a direct-to-consumer sleep wellness brand, has reported EBITDA losses of £4.2m for the first half of 2022, compared…
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20 September
Selfridges’ owners eye first regional UK expansion in 20 years
Central Group Europe, Selfridge’s operating company, is said to be targeting regional cities in the UK for the first time…
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20 September
Unbound Group reports ‘encouraging’ H1 despite £0.3m lose
Hotter Shoes owner, Unbound Group, has reported an EBIT loss of £0.3m for the first half of 2022 after taking…
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20 September
Kingfisher sees profits drop 30%
Kingfisher has seen its profits fall 30% during the first half of the year ending 31 July, after reporting pre-tax…
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20 September
Moonpig reiterates FY guidance as trading remains stable
Moonpig has said that its overall trading performance has been in line with its expectations in its latest trading update…
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16 September
DFS profits fall as cost of living sees sales soften
DFS has revealed that its reported profit before tax has almost halved to £58.5m, down from £102.6m, as rising inflation…
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