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- 2021 -11 January
JD Sports raises profit forecast to £400m
JD Sports has announced that its headline profit-before-tax for the full year to 30 January 2021 will be “significantly ahead”…
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11 January
Studio profits rise amid ‘strong’ Q3 trading
Online retailer Studio has welcomed “record” levels of trading during its third quarter ended 25 December 2020, with product sales…
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11 January
URW announces board expansion and COO appointment
Unibail-Rodamco-Westfield (URW) has announced the extension of its management board, which is effective from 8 January. In its latest management…
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8 January
Covid restrictions lead to first negative LFL sales in December
Despite a strong start to the month, retailers recorded a disappointing end to the Golden Quarter thanks to heightened Covid…
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8 January
Asos invests in new fulfilment centre
Asos has announced it will launch a new fulfilment centre which has the capacity to employ 2,000 people over the…
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8 January
Matchesfashion hit by £5.9m loss
Luxury retailer, Matchesfashion has announced a major loss of £5.9m for the financial year ended 31 January 2020. A report…
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8 January
Pets at Home raises guidance following sales boost
Pets at Home has raised its full-year guidance following a period of “accelerated momentum” in its third quarter of trading. …
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8 January
M&S sees clothing sales slip during festive period
Sales at Marks and Spencer’s retail and home department fell by 25.1% over the holiday period. In a post-Christmas trading…
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8 January
Boots’ parent company reports strong Q1 trading
Walgreen Boots, the parent company of Boots, has reported its first quarter trading has exceeded expectations after it was buoyed…
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7 January
Wolverine World Wide appoints president of global operations group
Wolverine World Wide has announced the appointment of Jim Zwiers as president of the global operations group, succeeding Mike Jeppeson.…
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