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.
-
Sep- 2024 -12 September
John Lewis narrows pre-tax losses to £30m
The John Lewis Partnership has revealed that its losses-before-tax closed to £30m, down from £59m, a decrease of 49%, for…
Read More » -
12 September
Iceland expands product range in latest innovation push
Iceland Foods and The Food Warehouse have announced the launch of over 800 new products as part of its latest…
Read More » -
12 September
Shop closures rise to 38 per day in 2024
An average of 38 shops closed down each day in the first six months of the year, according to new…
Read More » -
11 September
Today’s news in brief-11/9/24
In July 2024, the UK economy saw no growth for the second consecutive month, failing to meet analysts’ expectations of…
Read More » -
11 September
Inditex H1 sales rise by 7.2% to €18bn amid ‘well received’ collections
Zara-owner Inditex has reported a 7.2% year-on-year rise in revenues to €18.1bn (£15.3bn) for the first half of 2024, with…
Read More » -
11 September
UK economy stagnates for second consecutive month
The UK economy experienced no growth for the second consecutive month in July, underperforming analysts’ expectations of 0.2% growth for…
Read More » -
11 September
WH Smith group sales rise 7% amid strong travel growth
WH Smith has reported a 7% rise in group revenues and 5% rise in like-for-like sales for the 12 months…
Read More » -
11 September
Dunelm PBT rises 6.6%
Dunelm has revealed that its profit-before-tax rose 6.6% to £205m, up from £193m, for the year ended 29 June 2024.…
Read More » -
11 September
Boohoo shifts US fulfilment operations to UK
Boohoo is set to shut its US distribution centre and instead fulfil its stateside orders from its automated distribution centre…
Read More » -
10 September
Today’s news in brief-10/9/24
Burberry has faced a significant downturn, with its market value plummeting to £2bn, its lowest since 2009. Barclays downgraded Burberry,…
Read More »
