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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Mar- 2024 -27 March
Asos, Boohoo and Asda commit to green claim changes after CMA probe
Asos, Boohoo and George at Asda have committed to change the way they display, describe, and promote their green credentials,…
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26 March
Today’s news in brief-26/3/24
Asos reported an 18% decline in sales during the first half of fiscal year 2024, yet maintained its profit guidance.…
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26 March
Arket to open first store in Ireland
Nordic fashion and lifestyle brand Arket continued its expansion in Europe with the opening of a flagship store in Dublin…
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26 March
Asos maintains profit guidance despite HY sales falling 18%
Asos has reported that sales fell by 18% during the half-year period to 3 March, which the online retailer…
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26 March
Holland & Barrett names new UK&I CEO amid leadership shake up
Holland & Barrett, the health and wellness business, has announced the appointment of Anthony Houghton as its new CEO of…
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26 March
Ocado sales rise 10.6% to £645.3m in H1
Ocado has revealed sales increased 10.6% to £645.3m in the 13 weeks to 3 March 2024, up from £583.7m the…
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26 March
Pets at Home expects FY PBT to hit £132m
Pets at Home has revealed that it expects its full-year profit before tax to be £132m, in line with its…
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25 March
Scottish retailers’ rates bills to rise by £31m, the SRC says
Shops in Scotland will see their annual business rates bills rise by £31m from next week, the Scottish Retail Consortium…
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25 March
Today’s news in brief-25/3/24
Former UK Chancellor Nadhim Zahawi is reportedly in discussions with online retailer The Very Group regarding the role of its…
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25 March
Cribbs Mall to welcome Sweaty Betty store
Cribbs Mall has announced that Sweaty Betty will be opening a new 1,714 sq ft store at the West Country…
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