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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Oct- 2025 -9 October
Fred Perry FY profits rise 12.5% to £14m despite fall in turnover
Fred Perry has seen its operating profits rise by 12.5% to £13.93m in the year to 31 December 2024, despite a fall in gross profit from £76.9m to £75.3m. During the period, the British clothing retailer reported a 5.4% rise in profit before tax to £17.1m compared with £16.3m in…
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9 October
UK retail footfall records first annual decline since 2019
UK retail footfall declined in September, marking its first annual fall since 2019 and the sharpest month-on-month drop in more than a decade, according to MRI Software’s latest figures. Total footfall was down 0.2% year on year, led by a 1.1% drop in high street visits. Shopping centres saw a…
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8 October
Mulberry to open autumn pop-up at Gunwharf Quays
British luxury brand Mulberry will open a temporary store at Gunwharf Quays later this month as part of landlord Landsec’s strategy to grow the outlet’s premium retail offer. The pop-up will launch on 16 October, occupying 1,466 square feet of space at the waterfront shopping destination in Portsmouth. It will…
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8 October
Merry Hill adds trio of brands to its offering
Merry Hill has completed lettings across its retail park with the opening of new stores from B&Q, Costa Coffee and Bensons for Beds, introducing 33,800 sq ft of additional space as part of a wider refurbishment of the now fully let site. The new 23,000 sq ft B&Q store, located…
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8 October
ASA bans Hammonds Furniture ads over ‘misleading’ claims
The Advertising Standards Authority (ASA) has upheld three complaints against Hammonds Furniture over a “misleading” website banner and promotional claims regarding pricing and quality. The decision followed a complaint by Sharps Furniture Group concerning a countdown timer and two price-related statements used on Hammonds’ website in May. A banner ad…
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8 October
Dobbies appoints new CFO
Dobbies Garden Centres has announced the appointment of Pete Templeton as CFO after its current CFO, Jonathan Wass, announced his decision to step down on 12 November 2025. Wass has been with Dobbies for almost two years, supporting the business through its restructuring plan and guiding the business through growth…
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8 October
Tesco and Cineworld launch weekly £5 ‘Tesco Tuesdays’ cinema deal
Tesco has partnered with Cineworld to launch a new weekly offer giving Clubcard members discounted cinema tickets every Tuesday. Under the ‘Tesco Tuesdays’ scheme, members can buy up to four standard 2D tickets for £5 each, the equivalent of £2.50 in Clubcard vouchers once exchanged at double value. To claim…
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8 October
Angling Direct HY revenues rise 17% to £53.6m
Angling Direct has revealed that its revenues rose 17% to £53.8m, up from £45.8m, for the half year ended 31 July 2025. Alongside this, the company saw its UK sales rise 17.7% to £51.1m, up from £43.5m, while its European sales rose 5.4% to £2.5m, up from £2.4m. The company…
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8 October
Oak and More reports 69% revenue rise and £6.2m profit boost
Furniture retailer Oak and More has reported a 69% rise in annual revenue and a £6.2m improvement in profitability for the year to 31 January 2025, as it continues to expand across the UK. The company, formerly known as Oak Furniture Superstore, achieved sales of £30.9m for the year, up…
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7 October
Boots to recruit more than 6,000 seasonal staff ahead of Christmas
Boots is hiring over 6,000 temporary staff across the UK to help meet demand during the Christmas period. The retailer said roles are available in stores, warehouses and customer service operations, with flexible and part-time positions offered. Recruitment includes around 4,000 Christmas customer advisors to support in-store shoppers, 1,000 customer…
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