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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Jul- 2024 -19 July
Retail sales fall by 1.2% in June
UK retail sales volumes fell 1.2% in June 2024 as poor weather conditions for the time of year continued, according…
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19 July
Carpetright rival close to rescue deal
Carpetright competitor, Tapi, is reportedly close to striking a deal to acquire the retailer out of administration, according to The…
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19 July
UK consumer confidence improves in July
UK consumer confidence has increased one point in July to -13, according to GfK’s long-running index. The survey revealed that…
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18 July
Sainsbury’s to donate over one million meals to children with Comic Relief
Sainsbury’s and Comic Relief have committed to donating over £2.5m to help children and families by providing over one million…
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18 July
EssilorLuxottica to acquire Supreme from VF Corp
EssilorLuxottica, a global manufacturer in the optical industry, has announced that it has agreed a deal to acquire Supreme from…
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18 July
Frasers Group hits top end of FY24 guidance
Frasers Group has reported that its adjusted profits-before-tax rose 13.1% to £544.8m for the year ended 28 April, hitting the…
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18 July
Dunelm FY profits ahead of expectations amid strong Q4
Dunelm has revealed it expects profits for the full year to be ahead of expectations after it saw a strong…
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17 July
Berghaus to open new store in Gloucester Quays
Outdoor brand Berghaus has signed a new location at Gloucester Quays for its second standalone UK store. Launching this summer…
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17 July
Starmer vows to ‘make work pay’ in King’s Speech
The new Labour government has outlined its main goals for the new parliament as part of the King’s Speech today…
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17 July
Inflation holds steady in June despite rise in hotel prices
Inflation remained steady at 2% in June despite a strong rise in hotel prices during the month, according to the…
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