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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Nov- 2023 -29 November
Branded grocery suppliers increased unit profitability, CMA probe finds
A number of suppliers of branded grocery products “raised prices faster than costs rose”, according to the CMA’s latest findings…
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29 November
Farfetch owner eyes taking business private as it delays results
The owner of luxury fashion site Farfetch, José Neves, is reportedly planning on taking the company private just five years…
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29 November
Halfords HY profits jump 3.3% to £19.3m
Halfords has revealed that it posted profit before tax of £19.3m for the 26 weeks ended 29 September, up 3.3%…
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29 November
Canada Goose acquires knitwear manufacturer Paola Confectii
Canada Goose has recently announced the acquisition of the operating assets of Paola Confectii Manufacturing for an undisclosed sum. Building…
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28 November
Co-op opens purpose-built store in Aberdeen
Co-op has opened its newest purpose-built, 4,000 sq ft store in Aberdeen’s King Street, creating 15 local jobs. The store…
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28 November
Falling inflation under threat in 2024, BRC warns
The British Retail Consortium (BRC) has warned that the current trend of falling inflation could be under threat in the…
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28 November
Topps Tiles PBT falls to £6.8m despite record revenues
Topps Tiles has revealed its profit before tax fell 37.6% to £6.8m in FY23 despite reporting a third consecutive record…
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28 November
Pets at Home maintains guidance despite fall in H1 profits
Pets at Home has maintained its profit guidance despite seeing underlying pre-tax profits slump 19.3% to £47.8m during the first…
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27 November
Made launches first store in Sheffield
Next has announced the opening of the first Made store, as it makes a return to the High Street. The…
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27 November
Footfall jumps 7.9% during Black Friday
Black Friday footfall jumped by 7.9% against the week previous across all UK retail destinations, providing retailers with a much…
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