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.
-
Aug- 2022 -2 August
Travis Perkins reports ‘good’ H1 performance
Travis Perkins has revealed an adjusted operating profit of £163m for the six month ended 30 June, down just 0.6%…
Read More » -
1 August
Seraphine profits fall below expectations despite revenue growth
Maternity brand Seraphine has revealed its adjusted EBITDA has come in below previously guided expectations despite posting a 33% increase…
Read More » -
1 August
Sunak pledges to slash empty high street shops by 2025
Rishi Sunak has pledged to slash the number of boarded up high street shops by 2025 if he wins his…
Read More » -
1 August
Shop vacancies fall for third quarter in a row
In the second quarter of 2022, the overall GB vacancy rate decreased to 14.0%, which was 0.1 percentage points better…
Read More » -
1 August
JD Sports sells Footasylum to German investor for £37.5m
JD Sports has revealed it has agreed to sell Footasylum Limited to German investment firm Aurelius Group in a £37.5m…
Read More » -
1 August
Waitrose removes ‘best before’ dates on 500 products to cut food waste
Waitrose has announced it will remove the ‘best before’ dates on nearly 500 fresh products to reduce the volume of…
Read More » -
1 August
Iceland boss calls for next PM to rethink business rates
Iceland has joined in the call for Tory leadership candidates to rethink “outdated” business rates as the company’s managing director,…
Read More » -
Jul- 2022 -29 July
Ted Baker’s non-executive director steps down
Ted Baker has announced the departure of Andrew Jennings as director of the company. Jennings didn’t seek re-election to the…
Read More » -
29 July
Amazon posts £1.6bn loss in Q2
Amazon has fallen to a net loss of $2.0bn (£1.6bn) in its second quarter, down from a profit of $7.8bn…
Read More » -
29 July
Asos, Boohoo and Asda investigated over sustainability claims
The Competition and Markets Authority (CMA) is launching investigations into Asos, Boohoo and George at Asda to scrutinise eco-friendly and…
Read More »
