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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Sep- 2021 -9 September
B&M HY results to beat expectations
B&M European Value Retail S.A has revealed that whilst group revenues year to date have been “broadly in line with…
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9 September
Gear4music acquires AV online for £9.2m
Gear4music has announced that it has acquired AV Distribution Ltd, which is trading as AV Online, for an aggregate consideration…
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9 September
JD Sports eyes Missguided takeover
JD Sports Fashion is reportedly considering an investment into Missguided which could lead to an “outright takeover” of the online…
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9 September
Morrisons warns of ‘industry-wide’ inflation as profits drop 37.1%
Morrisons has forecasted “industry-wide” price increases across the retail sector during the second half of FY22, as HGV driver issues…
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8 September
August online retail sales growth slows down
Online retail sales growth in August fell by 9.3% year-on-year, which was only a small improvement compared with July’s fall…
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8 September
Poundstretcher returns to profit in FY21
Discount retailer Poundstretcher has reported a swing to £30m pre-tax profits in FY21, up from losses of £49.5m the previous…
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8 September
Supply chain disruption hits Halfords’ bike sales
Halfords has announced that global supply chain disruptions have hit its cycling business in recent weeks, despite cycling sales rising…
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8 September
John Lewis expands Anyday range to include fashion
John Lewis has announced that from 13 September it is extending its Anyday own brand range to include menswear, womenswear…
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8 September
VF Corporation’s Veronica Wu departs board role
The VF Corporation has announced that Veronica Wu has decided to step down from her role on the company’s board…
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8 September
Dunelm sees FY21 profits surge 44% to £157.8m
Dunelm has reported that pre-tax profits for the full-year ended 26 June 2021, grew by 44.6% to £157.8m from £109.1m,…
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