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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Jan- 2022 -13 January
Halfords golden quarter boosted by autocentres
Halfords has announced that total revenue rose by 13.9% on a two-year basis in the quarter ended 31 December 2021,…
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13 January
Tesco expects profits to hit £2.6bn amid strong Xmas trading
Tesco has set a new profit guidance of £2.6b after a stronger than expected Christmas period, according to its latest…
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13 January
M&S raises profit forecast to £500m
The Marks and Spencer Group (M&S) has raised its full year pre-tax profits forecast to £500m, following an 18.6% year-on-year…
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13 January
Nutrigums agrees Superdrug partnership
Vitamin gummy brand Nutrigums has announced the launch of its wide range of gummy vitamins into the national health and…
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13 January
Asos to move to main stock market amid sales boost
Asos has announced its intention to move to London Stock Exchange’s Main Market at the end of February 2022 after…
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12 January
Games Workshop HY profits fall to £88.2m
Games Workshop Group PLC has announced its pre-tax profits dropped by 3.71% year-on-year from £91.6m to £88.2m, according to its…
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12 January
Bain Capital and CVC eye Boots takeover bid
Buyout firms Bain Capital and CVC Capital Partners have reportedly joined forces in an attempt to launch a takeover bid…
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12 January
Sainsbury’s upgrades profit forecast amid strong Xmas trading
Sainsbury’s has revealed it expects to report underlying profit before tax of at least £720m in the financial year to…
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12 January
DFS expects FY22 profits to reach £85m
DFS Furniture expects to report full-year pre-tax profits of £85m after experiencing strong Christmas sales. During the twenty-six week period…
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12 January
JD Sports raises profit forecast to £875m
JD Sports Fashion Plc has raised its pre-tax profits forecast to an average £875m for the full year to 29…
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