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.
-
May- 2024 -7 May
Today’s news in brief
The latest BRC-KPMG Retail Sales Monitor reveals a 4% year-on-year decrease in total UK retail sales for April. Non-food sales…
Read More » -
7 May
Aldi named UK’s cheapest supermarket in April
Aldi was officially the UK’s cheapest supermarket in April, according to the latest findings from consumer group Which?. Despite claims…
Read More » -
7 May
Co-op opens new branch in New Romney
Co-op has opened its newest store to serve and support the community in the market town of New Romney, Kent. …
Read More » -
7 May
The White Company profits dip 1.3%
The White Company has revealed that its profit before tax fell slightly from £32.6m down to £32.2m for the 52…
Read More » -
7 May
The Fragrance Group sees 6.1% rise in LFL sales
The Fragrance Shop has hailed “exceptional” end-of-year results for the 12 months to 1 April 2024 with a 6.1% like-for-like…
Read More » -
7 May
Retail sales fall 4% in April
UK total retail sales decreased by 4% YOY in April, against a growth of 5.1% in April 2023, according to…
Read More » -
7 May
Zalando revenues hit €2.2bn in Q1
Zalando has seen revenues increase to €2.2bn (£1.8bn) for the first quarter of 2024. Adjusted earnings before interest and tax…
Read More » -
7 May
Mike Ashley settles lawsuit against Morgan Stanley
Mike Ashley’s Fraser’s Group has dropped a $50bn (£40bn) lawsuit against Morgan Stanley, with no money exchanged by either parties,…
Read More » -
7 May
Tala to debut first physical partnership with Selfridges
Athleisure brand Tala will be debuting its physical all-store partnership with Selfridges from 10 May. The brand will be available…
Read More » -
3 May
Today’s news in brief-3/5/24
Asda, following strong FY23 financial results, has successfully refinanced £3.2bn of debt, pushing maturities into the next decade. This included…
Read More »
