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.
-
May- 2022 -18 May
Burberry lowers FY23 forecast despite record revenues
Burberry has lowered its FY23 forecast as it expects a currency tailwind of £159m on revenues and £92m on adjusted…
Read More » -
17 May
JD Williams launches sustainable clothing range
JD Williams, a strategic brand within N Brown Group plc, has announced the launch of its sustainable, own-brand clothing range,…
Read More » -
17 May
Victorian Plumbing H1 profits fall to £2.7m
Victorian Plumbing Group has revealed its operating profit for the first half of the year has fallen 80% YOY to…
Read More » -
17 May
M&S to open new Lakeside store in 2023
Marks and Spencer has announced that it will open a new store at Lakeside centre, situated in Essex, due to…
Read More » -
17 May
Shaftesbury acquires £27.5m Soho leasehold
Shaftesbury has announced that it has acquired a 200 year ungeared leasehold interest in Soho for £27.5m, allowing the creation…
Read More » -
17 May
Landsec returns to profit amid retail recovery
Landsec has announced it has returned to profit in FY22 boosted by record office leasing and a return to growth…
Read More » -
17 May
McDonald’s to permanently exit Russia after 30 years
McDonald’s Corporation has announced it will permanently exit the Russian market after more than 30 years of operations in the…
Read More » -
16 May
Jollyes unveils manager for new Stirling store amid recruitment drive
Jollyes has named the manager for its latest store in Stirling as recruitment for new colleagues gets underway. The new…
Read More » -
16 May
Woolwich Shoe Zone to reopen after refit
Shoe Zone is set to reopen its Woolwich store on 27 May after it closed for a month to undergo…
Read More » -
16 May
Post-Covid UK Footfall recovery worsens
Footfall in UK retail destinations declined by -0.7% last week from the week before, a consequence of drops in footfall…
Read More »
