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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Jul- 2025 -4 July
Waitrose invests in first south west distribution centre
Waitrose has announced a multi-million investment in a 360,000sq ft distribution centre in Bristol to support its expansion and improve deliveries to customers in the south west of England. The facility at Mountpark’s Bristol 360 site will be the retailer’s first in the region. Due to open in late 2026,…
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4 July
Asda unveils enhanced family leave benefits for staff
Asda has announced improvements to its family leave benefits for its staff around caregiving, parenthood and family loss. As part of the changes Asda is increasing company maternity and adoption leave pay for hourly staff, from 12 weeks to 26 weeks. It is also doubling the duration of paternity from…
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4 July
High street sales falter in June as shoppers go online
High street sales growth continued to lag behind inflation in June, as shoppers turned to online retailers, according to new data from BDO. The firm’s latest High Street Sales Tracker showed like-for-like in-store sales in discretionary categories – fashion, homewares and lifestyle – rose by just 0.6% compared to June…
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3 July
Watches of Switzerland revenues surge to £1.6bn in FY25
Watches of Switzerland group has reported an 8% increase in revenues to £1.6bn for the 52 weeks ended 27 April 2025, as its US business surpassed $1bn (£780m) in annual revenue for the first time. US revenues rose 16%, driven by the acquisition of Roberto Coin Inc, while UK revenues…
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3 July
Frasers nearly doubles financing facility to £3bn to support growth
Frasers Group has revealed that it has increased its financing facility from £1.65bn to £3bn in a new term loan and revolving credit facility. The deal has been agreed with its banking partners and has a three-year term with an option to extend it by up to two years. It…
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3 July
Currys FY profits soar 37% to £162m
Currys has welcomed strong profits and sales in its full-year results, with adjusted profit before tax soaring by 37% to £162m, as UK and Ireland sales boosted its results. In the year ended 3 May 2025, total group revenues were up by 3% to £8.7bn, alongside a like-for-like growth of…
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3 July
Superdrug FY profits jump 22.6% amid focus on value items
Superdrug has seen its full-year pre-tax profits jump by 22.6% to £136.8m, as store openings, refurbishments and a focus on value helped offset weaker UK footfall and pressure on consumer spending. It comes as the health and beauty retailer saw its sales rise by 7% during the year to 28…
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2 July
Amazon hits robot milestone as fleet nears outnumbering humans
Amazon has deployed its one millionth robot to its workforce, marking the highest number of robots the company has ever had and almost equalling the number of human workers at its facilities. According to The Wall Street Journal, Amazon currently employs about 1.56 million people overall, with the majority of…
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2 July
Topps Tiles Q3 sales jump 10% amid boost in trade customers
Topps Tiles has revealed that its group adjusted sales increased 10.1% in the third quarter of the year, up 4.1% compared with H1 and 6.1% higher year-on-year. The tile retailer said its sales trajectory has improved across all divisions in the group, with Topps Tiles, Parkside and Online Pure Play…
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2 July
Greggs warns on profits after warm weather hits sales
Greggs has revealed that it expects its full-year operating profit to be “modestly” below FY24 after the heatwave in June caused its sales to fall. The baker stated that cost inflation and wage tax pressures, which caused the company to increase the price of its sausage rolls, were factors which…
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