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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Sep- 2024 -24 September
Harrods investigating if current staff involved in Al Fayed allegations
Harrods has revealed that it is investigating if any of its current staff were involved in allegations against former owner…
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24 September
Card Factory HY profits fall 43% amid rising wages
Card Factory has reported that adjusted profits before tax fell by 43% to £14.5m in the six-month period to 31…
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24 September
Frasers Group lowers stake in Currys
Frasers Group has announced that it has lowered its stake in Currys just over a year after making an investment…
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24 September
Represent Clothing turnover hits £80.8m in FY23
Clothing retailer Represent has delivered “exceptional” results for the year ended 31 December 2023, as its turnover increased 67% to…
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24 September
Over 150 MPs call on Asda to end equal pay dispute
More than 150 MPs have written to Asda bosses calling for them to end an ongoing equal pay dispute, the…
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23 September
Today’s news in brief-23/9/24
Frasers Group is facing audit issues with two brands, I Saw It First and Choice, revealing significant payroll data discrepancies.…
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23 September
Seasalt Cornwall appoints new CFO
Seasalt Cornwall has announced the appointment of Louise Couch to the role of chief financial officer, reporting directly to CEO…
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23 September
Berghaus opens store at Gloucester Quays
Outdoor brand Berghaus has opened its second standalone UK store at Gloucester Quays. The new Berghaus store has opened opposite…
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23 September
SGS Group refinances four UK shopping centres
SGS Group has officially refinanced four major shopping centres – Lakeside in Essex, Atria in Watford, Victoria Centre in Nottingham…
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23 September
Oliver Bonas profits fall to £6.8m amid high inflation
Oliver Bonas profits dropped to £6.8m for the year ended 31 December 2023 as the company struggled with growing interest…
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