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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Aug- 2019 -2 August
Pets at Home revenues jump 9.9% in first quarter results
Pet goods retailer Pets at Home has reported a 9.9% increase in group revenue to £303.4m for the 16 week…
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2 August
US investment firm acquires Majestic Wine in £100m deal
Majestic Wine has entered into an agreement to sell its commercial and retail business to CF Bacchus Holdings Limited, a…
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1 August
Westfield’s UK net rental income down 3.1% amid Brexit ‘uncertainty’
Shopping centre giant Westfield has reported a 3.1% decrease in net rental income for its UK operations, covering the half…
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1 August
Zalando raises profit forecast amid ‘strongest ever’ Q2
Online retailer Zalando has raised its profit outlook for the second half of the year after it recorded its “strongest…
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Jul- 2019 -31 July
Intu reports 7% drop in rental income amid ‘challenging’ first half
Shopping centre owner Intu has reported a 7.7% decrease in net rental income during a “challenging” first half of the…
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31 July
Games Workshop revenues exceed £250m in full year results
Fantasy miniatures retailer Games Workshop has reported a 16% increase in revenues to £256.5m for the year ending 2 June…
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31 July
Next raises profit forecast after ‘better than anticipated’ Q2
Clothing and home retailer Next has increased its full-year profit by £10m to £725m +0.3% on last year. The increase…
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31 July
Consumer confidence increases by two points in July
Consumer confidence rose by 2 overall to -11 for the month of July, according to GFK’s Consumer Confidence Index. Personal…
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30 July
Centre manager appointed for upcoming Waterloo development
Commercial Developer LCR has appointed Lynne Glover as centre manager for its new development Waterloo.London. She brings over 30 years’…
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30 July
Cath Kidston global commerce director joins Boots
Lynn Ritson, global commerce director at fashion and lifestyle brand Cath Kidston has left the company after five years, to…
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