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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Aug- 2022 -2 August
VF Corp Q1 revenues surge to $2.3bn
VF Corporation has revealed its Q1 revenues surged 3% to $2.3bn (£1.9bn) boosted by its performance in EMEA and the…
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2 August
Former Asda exec named CEO of Poundstretcher
Poundstretcher has announced the appointment of Derek Lawlor as its new CEO, who succeeds current CEO, Aziz Tayub, with immediate…
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2 August
Women’s Euros final win boosts footfall post-match
High street footfall across the UK on Sunday was up by 4.4% against the previous week during shopping hours, as…
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2 August
Greggs names new chair as revenues rise
Greggs has announced the appointment of Matthew Davies as an independent non-executive director and chair designate. Davies joins the board…
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2 August
JD Sports names Régis Schultz as new CEO
JD Sports Fashion Plc has appointed Régis Schultz as the company’s new CEO, effective September 2022 when interim CEO Kath…
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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%…
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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…
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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…
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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…
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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…
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