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 -14 January
Quiz revenues surge 88% to £66m
Quiz PLC has announced that its total group revenue in the nine months to 31 December 2021 totalled £61m, which…
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14 January
Currys lowers profit expectations to £155m amid 10% drop in sales
Currys has lowered its full year pre-tax profit expectations from £160m to £155m following a 10% drop in sales in…
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14 January
Peter Cowgill nets £21m after selling 10 million JD shares
Peter Cowgill, director of JD Sports, has taken £21m after selling 10 million company shares. The news comes after the…
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14 January
McColls CCO to depart to head up Sainsbury’s grocery arm
McColl’s Retail Group has announced that Richard Crampton has informed the board of his decision to resign as chief commercial…
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14 January
M&S Food and BP extend partnership
BP and M&S Food have agreed to extend their convenience partnership until 2030, in a bid to evolve their forecourt…
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13 January
Next cuts sick pay for isolating staff who are unvaccinated
Next has reportedly cut sick pay for staff who are unvaccinated and are forced to isolate due to contact with…
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13 January
Frasers Group to expand FLANNELS with Ireland openings
Frasers Group has announced that three new Flannels stores are set to open across the Republic of Ireland, marking the…
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13 January
Online demand helps drive Fragrance Shop Xmas sales up 38%
The Fragrance Shop has revealed it enjoyed a “bumper Christmas period” driven by its online performance helping sales surge 38%…
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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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