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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Jun- 2022 -8 June
Inditex profits surge 80% to £647.7m
The Inditex Group has reported that its profits increased 80% year-on-year to €760m (£647.7m) in the period ended 1 February…
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8 June
N Brown revenue hits £43.1m in FY22
N Brown has welcomed a resilient year of trading in FY22, with a sustained growth in customer numbers as pre-tax…
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8 June
Safestyle welcomes 6.7% revenue growth
Safestyle UK plc, the UK-focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market, has welcomed…
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8 June
WH Smith names new chairwoman
WH Smith has announced the appointment of Annette Court as its new chairwoman following Henry Staunton’s decision to retire after…
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7 June
B&M unveils new store opening in Newark
B&M has officially opened a new store in Newark, located on Northgate Retail Park. The new store boasts a range…
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7 June
Sportsshoes.com appoints former In The Style chief as CTO
Online running shoes, running clothing and outdoor gear retailer SportsShoes.com has hired a former chief technology officer (CTO) of online…
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7 June
May footfall boosted by bank holiday weekends, but cost pressures starting to show
Footfall strengthened in May to -13.7% below 2019, up from -15.9% in April 2022, according to the latest figures from…
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7 June
Ted Baker’s preferred bidder backs out of deal
The proposed sale of Ted Baker has been thrown into doubt after it confirmed the board’s preferred bidder has backed…
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7 June
May consumer spending rises 9.3%, Barclaycard reveals
Consumer card spending grew 9.3% in May compared to the same period in 2021, inflated both by the rising cost…
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7 June
JD Sports faces fine over price-fixing allegations
JD Sports is facing a potential fine after the CMA provisionally found that the group, alongside Elite Sports and Rangers…
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