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 -29 June
H&M Group profits surge amid high street resurgence
H&M Group has revealed its gross profits increased by 52.2% to £4.36bn in the six months to 31 May. Profits…
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29 June
B&M retains profit forecast despite Q1 revenue drop
B&M has reported its group revenues declined 2.2% year-on-year from £1.18bn to £1.15bn in the 13 week period ending 25…
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28 June
Retail footfall recovery dampened by strikes
UK footfall dropped by 3.9% last week (20 June – 26 June 2022), compared with the average of the previous…
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28 June
Dune London to launch kids footwear collection
Dune London has announced the launch of its kids’ footwear collection, which is said to be for the first time…
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28 June
Pets at Home Rochdale named Proud of My Store monthly winner
Fun, family spirit and amazing teamwork has given Pets at Home, Rochdale a win in the UK’s biggest nationwide competition…
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28 June
Walgreens pulls £5bn Boots sale
Walgreens Boots Alliance (WBA) has announced its decision to keep its Boots and No7 Beauty Company businesses under its existing…
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28 June
Jubilee helps boost June grocery sales
The Queen’s Platinum Jubilee celebrations helped boost total till grocery sales at UK supermarkets for the four weeks ending 18…
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28 June
Former Boots CEO seals merger deal to form Sportscape Group
Bridgepoint Development Capital, and Bd-capital has announced its merger of Private Sport Shop and SportPursuit, to form Sportscape Group, an…
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28 June
John Lewis bolsters finance team amid £50m investment
John Lewis Finance has appointed Paul Dawson to the newly created role of product director and Alison Verlander as the…
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28 June
Retail space provider Sook continues UK expansion
Flexible retail pop-up space provider Sook has announced new partnerships with Hammerson and Rivington Hark, which will see the retail…
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