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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Jan- 2024 -18 January
N Brown Q3 revenues drop 9.3% but guidance remains unchanged
N Brown has revealed that its group revenue dropped 9.3% to £226m for the 18 weeks ended 6 January 2024…
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18 January
Dunelm sees sales rise to £872m in H1
Dunelm has reported strong sales growth in the first half of the year, with total sales increasing by 4.5% to…
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18 January
The Works losses widen to £7.8m amid ‘challenging’ market conditions
The Works has fallen to a pre-tax loss of £7.8m in its half-year results, following a period of “persistently challenging”…
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18 January
Currys profits to exceed expectations despite revenue dip
Currys expects full-year profits to be above expectations despite UK&I revenues dipping 3% during the 10 weeks ended 6 January. …
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17 January
Today’s news in brief-17/1/24
In a surprising turn of events, inflation in December exceeded economists’ predictions, rising to 4%, contrary to the forecasted decrease…
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17 January
Co-op to open first Welsh franchise store
Co-op is set to unveil its first Welsh franchise store on Thursday (18 January) which is launching to serve and…
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17 January
Poundland to begin refurbishing 11 former Wilko stores
Poundland has announced it will begin a major makeover of 11 former Wilko stores in the next few weeks, after…
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17 January
Inflation unexpectedly rises in December
Inflation unexpectedly increased to 4% in December off the back of rises in fuel and tobacco prices. According to the…
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17 January
Uniqlo files suit against Shein for ‘copying’ viral shoulder bag
Uniqlo is reportedly suing Shein over claims that it has copied its viral “Mary Poppins” shoulder bags, the BBC has…
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17 January
Mulberry revenue falls 8.4% amid luxury spending slowdown
Mulberry has revealed that its group revenue dropped 8.4% for the 13 weeks ended 30 December 2023. The company stated…
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