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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Oct- 2022 -20 October
Dunelm sales down 8% in Q1
Homewares retailer Dunelm has revealed that its sales were down by 8% to £357m in the 13-week period ended 1…
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20 October
Naked Wines axes roles in plan to ‘pivot to profit’
Naked Wines has made around 6% of its workforce redundant as part of a raft of measures to help the…
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20 October
Wilko calls in advisers amid cost-cutting measures
Wilko has reportedly drafted in Teneo as advisors as the retailer seeks to cut costs across the business amid the…
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20 October
Burberry raises staff pay six months early
Burberry has announced it has brought forward the implementation of new UK real Living Wage pay rates for its staff…
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19 October
Asda announces plans to open new express stores
Asda has announced plans to open its first two standalone convenience stores before Christmas under a new ‘Asda Express’ brand.…
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19 October
Booths sales rise 4.4% in FY22
Booths has reported an overall sales improvement of 4.4% (£12.6m) to £296.7m in its full year results to 2 April…
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19 October
N Brown chief brand officer exits amid company shakeup
N Brown Group’s chief brand officer, Kenyatte Nelson, has left the company as part of a wider streamlining of the…
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19 October
Rising food prices push inflation back to 10.1%
Inflation has returned to the 40-year high of 10.1% in September, up from 9.9% in August, with rising food prices…
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19 October
Asos profits plunge 105% as group outlines turnaround strategy
Asos has seen its profits plummet 105% to a loss of £9.8m in its latest full-year results, down from profits…
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18 October
Greggs wins initial ruling in £150m Covid insurance case
Greggs has reportedly won a landmark ruling in the high court that supports its case to claim more than £150m…
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