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 -29 September
Lego operating profit soars 104%
Lego has revealed an operating profit for the first half of the year of DKK 8bn (£929m), an increase of…
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29 September
Quiz sees FY21 losses widen to £9.6m
Fashion retailer Quiz has seen its losses widen to £9.6m for the year ending 31 March 2021 compared with a…
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29 September
Next raises guidance but warns of staff shortages
Next has raised its full-year guidance following a strong performance in its half-year results, and now expects its profit-before-tax to…
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28 September
EG group acquires 52 KFC restaurants
The Issa Brothers’ EG group has announced the acquisition of 52 Kentucky Fried Chicken (KFC) restaurants in the UK from…
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28 September
Moonpig ups full-year guidance amid ‘strong’ trading
Moonpig has announced it is raising its revenue guidance for FY22 amid a period of “strong” trading, and now expects…
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28 September
Card Factory narrows H1 losses to £6.5m
Card Factory has announced that it has narrowed its pre-tax losses for the six-month period ending 31 July 2021 to…
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28 September
Return to offices boosts city footfall
Footfall across UK retail destinations rose by +2.7% last week from the week before, rising by +3.7% in high streets,…
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28 September
Asos to create 180 jobs with new £14m Tech Hub
Asos has announced it is to invest £14m in a new Tech Hub in Belfast and create 184 new jobs…
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27 September
Applications open for Northern Irish £100 high street voucher scheme
Northern Ireland economy minister Gordon Lyons has announced that the portal for applications to the high street voucher scheme has…
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27 September
Burberry appoints new chief digital and analytics officer
Burberry has announced the appointment of CP Duggal as its newest chief digital and analytics officer, effective 30 September 2021.…
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