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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Dec- 2021 -10 December
Plan B to ‘significantly’ impact footfall, report finds
There will reportedly be a significant impact on footfall in UK retail destinations following the government’s announcement regarding Plan B,…
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10 December
B&M to pay £250m to shareholders
B&M has announced that its board will pay out a total of £250m to shareholders after declaring a special dividend…
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10 December
Urban Outfitters strengthens board of directors
Urban Outfitters, a lifestyle products and services company which operates a portfolio of global consumer brands, has announced the expansion…
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9 December
Dr Martens profits hit £61.3m in half-year results
Dr Martens has reported pre-tax profits soared by 46% to £61.3m in the six-month period ending 30 September. Revenue also…
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9 December
IKEA exceeds Living Wage rates amid pay rise
IKEA has exceeded the new real Living Wage rates in its latest pay increase, which sees staff wages rise to…
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9 December
Moonpig revenue dips in H1
Moonpig has revealed that year-on year revenue fell by 8.5% to £142.6m in the half-year ended 31 October, despite reporting…
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9 December
Frasers Group profits soar 75% in H1
Frasers Group has seen its pre-tax profit rocket 75% to £186m in its latest half-year results, largely driven by a…
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8 December
Quiz swings to £1.3m loss in H1
Quiz has reported a pre-tax loss of £1.3m for the six-month period ending 30 September 2021. Despite the loss, group…
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8 December
Tesco reopens talks with Usdaw amid planned worker strikes
Tesco has reopened further talks with Usdaw after members in nine distribution sites voted in favour of industrial action over…
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8 December
McColl’s FY profit to be hit by supply chain issues
McColl’s has warned that profits could be between £20m and £22m in the full-year ended 28 November 2021, down from…
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