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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Dec- 2021 -15 December
In The Style profit halves amid supply chain issues
In The Style has seen its profit halve in the six months ended 30 September 2021, falling by 51.3% as…
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15 December
Casa di Moda sets greenhouse gas reduction target
Fashion retail house Casa di Moda has announced it has set targets to reduce its greenhouse gas emissions by 60%…
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14 December
New store openings boost Poundland sales
Poundland owner the Pepco Group has announced that earnings soared by 46% to €647m (£552m) in the full-year ended 30…
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14 December
Brits set to spend £6.8bn on groceries in next two weeks
British shoppers are set to spend £6.8bn at UK supermarkets in the next two weeks leading up to Christmas Eve,…
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14 December
Joules lowers H1 profit guidance amid global supply issues
Retailer Joules expects to report lower pre-tax profits for the 26-week period ending 28 November ranging from £2m to £2.5m,…
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14 December
Aldi found to be ‘most hygienic’ supermarket
An analysis of the hygiene ratings of supermarket chains in England has revealed that Aldi has the most highly ranked…
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14 December
Footfall slows as impact of Plan B begins to show
Overall, footfall across UK retail destinations declined by -1.1% last week, wholly driven by a -2.7% drop in activity in…
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14 December
Nike acquires RTFKT brand
Nike has announced it has acquired RTFKT, a brand that reportedly uses “cutting edge innovation” to deliver next generation collectibles…
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13 December
Dunelm signs £185m credit deal linked to sustainability
Dunelm Group plc has announced the signing of a £185m sustainability-linked unsecured revolving credit facility (“RCF”). It revealed the deal…
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13 December
JD Sports set to concede to watchdog in Footasylum battle
The trainer and sportswear retailer JD Sports looks set to concede defeat in its battle with the takeover watchdog the…
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