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 -11 January
Very Group sales spike 22% over festive period
The Very Group has welcomed a period of “strong” trading in the run-up to Christmas, with sales increasing 21.9% in…
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11 January
Shoe Zone returns to profitability in FY21
Shoe Zone has returned to profitability during the 52-week period ended 2 October 2021, as the retailer saw pre-tax profits…
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10 January
THG hands FCA dossier on ‘irregular’ trading claims
THG has reportedly handed over a dossier to the financial watchdog the FCA which it hopes will prove that it…
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10 January
Digital fashion sales fall back in December
Both digital fashion sales and web traffic fell back in December, falling -35% and -121% month-on-month, according to data from…
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10 January
Sainsbury’s to raise store staff pay to £10 per hour
Sainsbury’s has revealed it will increase its basic hourly rate of pay for all Sainsbury’s and Argos store colleagues from…
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10 January
Aldi hails ‘best ever’ Christmas
Aldi has reported its “best ever Christmas”, after it revealed the return of Kevin the Carrot in its festive television…
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10 January
WH Smith begins hunt for next chairman
WH Smith has reportedly launched its search for a new chairman, with headhunters understood to be approaching prospective candidates on…
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7 January
Sosandar reports record Q3 revenues
Sosandar has hailed a “record” Q3 with revenues up 22% year-on-year, its first EBITDA positive quarter and trading in line…
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7 January
Boots UK sales surge 16.3% in Q1
Boots delivered strong UK sales growth of 16.3% in Q1, Walgreen Boots Alliance’s (WBA) latest fiscal 2022 first quarter earnings…
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7 January
Weird Fish adds eco metrics to enhance transparency
Clothing brand Weird Fish has taken the next step in its sustainability journey by introducing environmental impact metrics to its…
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