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- 2021 -8 January
Matchesfashion hit by ยฃ5.9m loss
Luxury retailer, Matchesfashion has announced a major loss of ยฃ5.9m for the financial year ended 31 January 2020. A report…
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8 January
Pets at Home raises guidance following sales boost
Pets at Home has raised its full-year guidance following a period of โaccelerated momentumโ in its third quarter of trading.ย …
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8 January
M&S sees clothing sales slip during festive period
Sales at Marks and Spencerโs retail and home department fell by 25.1% over the holiday period. In a post-Christmas trading…
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8 January
Boots’ parent company reports strong Q1 trading
Walgreen Boots, the parent company of Boots, has reported its first quarter trading has exceeded expectations after it was buoyed…
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7 January
Wolverine World Wide appoints president of global operations group
Wolverine World Wide has announced the appointment of Jim Zwiers as president of the global operations group, succeeding Mike Jeppeson.…
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7 January
Boots owner agrees ยฃ4.8bn sale of Alliance Healthcare
AmerisourceBergen Corporation has announced the acquisition of Walgreens Boots Allianceโs healthcare businesses for approximately $6.5bn (ยฃ4.77bn), comprising $6.275bn (ยฃ4.6bn) in…
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7 January
B&M revenue soars 23% in Q3
The UKโs largest variety goods value retailer, B&M, has reported a growth in revenue of 22.5% for the 13 weeks…
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7 January
Joules reports online sales boost over Christmas
Joules has reported the groupโs online retail channels received a sales boost during the seven-week period to 3 January 2021,…
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7 January
Sainsburyโs welcomes Christmas sales surge
Sainsburyโs has reported a โstrong Christmas performanceโ, with like-for-like sales up 9.3% during the holiday period.ย In a trading statement,…
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6 January
Online grocery sales double over festive period
The online share of grocery sales at UK supermarkets has doubled to 12.5% in the four weeks ending 26 December…
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