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- 2025 -29 January
Virgin Wines revenues rise 6.7% over Xmas season
Virgin Wines has reported that revenues rose by 6.7% year-on-year during the six-week period to 27 December 2024, as sales…
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28 January
Today’s news in brief-28/1/25
HMV owner Doug Putman is reportedly exploring a bid for WH Smith’s high street arm after the retailer announced plans…
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28 January
Merry Hill announces new leases for Costa Coffee and Bensons for Beds
Merry Hill has announced that Costa Coffee and Bensons for Beds are opening new sites at the shopping destination. Bensons…
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28 January
Wickes ups guidance as revenues jump 3% in H2
Wickes has upgraded its profit guidance to be towards the upper end of the £39.7-£44.0m consensus forecast range following a…
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28 January
January sales see shop price deflation hit 0 .7%
January sales helped shop price deflation reach 0.7% in January, above deflation of 1.0% in the previous month, as retailers…
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28 January
Halfords upgrades FY25 guidance but braces for £23m budget hit
Halfords has upgraded its profit before tax guidance to between £32m and £37m for FY25, thanks to recent trading and…
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28 January
Pets at Home maintains guidance despite stagnant Q3 revenues
Pets at Home has maintained its full-year profit guidance despite the fact that its total group revenue fell 0.2% to…
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28 January
HMV owner eyes bid for WH Smith’s high street arm
The owner of HMV is reportedly considering snapping up WH Smith’s high street arm, after the retailer this week confirmed…
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27 January
Today’s news in brief-27/1/25
WH Smith is exploring the sale of its high street arm to focus on its global Travel business, which now…
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27 January
Bestway Retail announces new partnership with operator James Retail
Bestway Retail has announced a new long-term partnership with James Retail, the 40-strong nationwide Convenience and Travel interchange operator, owned…
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