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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May- 2025 -8 May
Mothercare retail sales fall 18% in FY25
Mothercare, the specialist global brand for parents and young children, has reported an 18% decline in its worldwide retail sales…
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8 May
Pandora lowers profit guidance amid tariff fears
Pandora has revealed that it has lowered its EBIT margin guidance for the full year to “around 24%”, down from…
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8 May
Amazon launches Haul in the UK as it aims to rival Temu on prices
Amazon has launched its new Haul proposition in the UK, allowing customers to shop “ultra-low-priced” products across multiple categories including…
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8 May
Co-op sends more stock to rural stores amid cyber attack disruption
Co-op has made the decision to prioritise sending grocery supplies to rural and island-based stores in the aftermath of a…
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8 May
Next ups profit guidance as Q1 sales rise by 11.4%
Next has upped its full-year profit guidance as it welcomed “better than expected” sales in the first quarter, with full…
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7 May
Today’s news in brief-7/5/25
Asda has appointed Rachel Eyre as its new chief customer officer, replacing David Hills. Eyre joins from Morrisons, where she…
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7 May
Hugo Boss holds guidance despite 2% fall in Q1 sales to €999m
Hugo Boss is maintaining its sales outlook for the year, despite having reported that sales fell by 2% to €999m…
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7 May
TOFS appoints former commercial director Tim Bettley as MD
The Original Factory Shop (TOFS) has appointed experienced retail leader and its former commercial director Tim Bettley as its new…
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7 May
Skechers to be acquired by 3G Capital for $9.42bn
Footwear brand Skechers has announced that it has agreed to be acquired by 3G Capital for $9.42bn (£7bn). The investment…
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7 May
The Range unveils new set of format stores amid Homebase acquisition
CDS Superstores, parent company of The Range and Wilko, has confirmed the next raft of openings for its new-format superstores,…
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