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.
-
Sep- 2024 -17 September
Kingfisher HY profits improve despite weak sales
B&Q owner Kingfisher has revealed that its statutory pre-tax profits rose 2.3% to £324m for the six months ended 31…
Read More » -
17 September
THG looks to demerge Ingenuity arm
THG has announced that it is “actively undertaking” work that could lead to the demerger of its technology arm, THG…
Read More » -
17 September
AllSaints FY operating profit jumps 40% to £39.9m
AllSaints has reported a “record performance” as its operating profit rose 40% to £39.9m for the year ended 3 February…
Read More » -
17 September
Pret A Manger FY global sales hit £1.1bn for first time
Pret A Manger has reported a 10% increase in first-half sales to £569m, whilst also revealing that global sales hit…
Read More » -
17 September
Sadiq Khan unveils plans to pedestrianise Oxford Street
The mayor of London, Sadiq Khan has again set out proposals to transform Oxford Street, including turning the road into…
Read More » -
16 September
Today’s news in brief-16/9/24
The New West End Company (NWEC) has reported that the removal of tax-free shopping cost West End retailers £220m in…
Read More » -
16 September
The O2 announces trio of openings
Outlet Shopping at The O2 has announced a trio of retail additions to its lineup, including Clarks, Soletrader, and a…
Read More » -
16 September
JD Sports appoints Prama Bhatt as NED
JD Sports Fashion, global retailer of sports, fashion and outdoor brands, has announced that Prama Bhatt will join its board…
Read More » -
16 September
Tourist Tax cost retailers £220m in H1, says NWEC
The loss of tax-free shopping cost West End retailers £220m in unrealised sales in the first half of 2024, according…
Read More » -
16 September
Yodel to hire 3,000 workers ahead of festive season
Yodel is set to hire more than 3,000 couriers and warehouse staff as it prepares for the festive season, Sky…
Read More »
