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 -16 January
Today’s news in brief-16/1/24
Card Factory reported a 10% increase in total sales for the 11 months ending December 2023, reaching £476.9m, driven by…
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16 January
Frasers Group to launch new flagship store in Kent
Frasers Group has announced that it has signed a new long-term lease agreement for its 101,921 sq ft unit at…
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16 January
Wilko unveils two new store locations for spring
Wilko will be opening two new stores in St Albans and Rotherham in spring this year, with exact timings to…
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16 January
Card Factory hails strong Christmas trading
Card Factory has revealed total sales for the 11 months ended 31 December 2023 increased 10% to £476.9m after it…
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16 January
THG sees Q4 revenue growth amid Holland & Barrett partnership
THG has reported a 1.1% revenue increase to £597m during Q4 2023, driven primarily by the beauty and ingenuity divisions.…
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16 January
Ocado returns to earnings growth as sales soar
Ocado has returned to positive earnings in its full-year results after sales soared over the year, in part boosted by…
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16 January
Mike Ashley considers Meadowhall shopping centre bid
Mike Ashley is reportedly considering a bid to acquire Meadowhall shopping centre in Sheffield, according to The Times. Frasers Group,…
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16 January
Superdrug sales rise 9.2% in December
Superdrug has experienced a strong Christmas trading period, as total sales rose 9.2% in the four weeks ended 30 December…
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16 January
Hugo Boss sees revenues rise to €1.17bn in Q4
Hugo Boss has reported a 13% increase in currency-adjusted revenues in the fourth quarter to €1.17bn (£1.01bn). It also achieved…
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15 January
Today’s news in brief-15/1/24
Shein, the fast-fashion brand, is reportedly facing delays in its plan to go public on the US stock exchange due…
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