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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Jun- 2024 -28 June
Tesco agrees retail media partnership with advertising giant GroupM
Tesco has announced a significant media partnership with GroupM, WPP’s media investment group, which aims to “drive best-in-class delivery of…
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28 June
Music Magpie revenues fall amidst competitive second-hand market
Music Magpie has reported a decline in group revenues from £61.9m to £53.8m for the six months ended 31 May…
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28 June
WBA shelves Boots sale plans for second time
Walgreens Boots Alliance (WBA), the owner of Boots, has reportedly shelved plans for a £7bn sale of the UK health…
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28 June
Nike FY revenues inch up 1% to $51.4bn
Nike has reported that revenues inched up 1% to $51.4bn (£40.6bn) in the year ended 31 May from $51.2bn (£40.5bn)…
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28 June
Shoe Zone subject of cyber attack
Shoe Zone has confirmed it was the subject of a cyber incident which has resulted in unauthorised access to certain…
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27 June
Today’s news in brief-27/6/24
Currys reported a 10% rise in adjusted profit-before-tax to £118m for the year ending 27 April 2024, despite a 2%…
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27 June
Beauty brand Elemis opens first standalone store in Covent Garden
Beauty brand Elemis has opened its first UK store at 23 Monmouth Street in Covent Garden’s Seven Dials neighbourhood. Elemis’s…
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27 June
Halfords profits fall by 18.3% in FY24
Halfords has seen its pre-tax profits fall by 18.3% to £36.1m in the year ended 29 March. The retailer attributed…
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27 June
Currys adjusted PBT rises 10%
Currys has revealed that its group adjusted profit-before-tax rose 10% year-on-year to £118m, for the year ended 27 April 2024.…
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27 June
Watches of Switzerland EBITDA falls 11% amid 2% rise in group revenues
Watches of Switzerland has reported a 11% decline in adjusted EBITDA amid a 2% rise in group revenues to £1.5bn…
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