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 -21 October
Wickes reports stable Q3 trading but warns of energy costs
Wickes has reported stable trading in its third quarter, with sales rising by 2.6% against the 0.8% growth reported for…
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21 October
ProCook revenues fall 9.1% in Q2
ProCook has reported revenues of £15.9m in Q2, a 9.1% drop year-on-year, yet still 110.4% higher on a like-for-like basis…
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20 October
Frasers Group pledges to go fur-free
Frasers Group, owner of House of Fraser, Flannels and Sports Direct, has announced it has immediately informed its suppliers it…
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20 October
Liz Truss steps down as prime minister
Liz Truss has announced that she is standing as prime minister after a turbulent week for the government, just six…
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20 October
Travis Perkins Q3 sales jump 10%
Travis Perkins has revealed it delivered a resilient third quarter trading performance with total sales growth of 10.7% and like-for-like…
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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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