News
News is Retail Sector’s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.
Retail Sector’s news coverage focuses on the business realities behind the headlines — providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.
-
Apr- 2025 -3 April
Co-op FY profits soar sixfold but warns of cost pressures ahead
Co-op has seen its full-year pre-tax profits rise by nearly sixfold, soaring by £133m to £161m, up from £28m the prior year, despite facing over £200m of new headwinds and investment costs across the group. The surge in profits was driven by increased operating profits, which rose by £34m to…
Read More » -
3 April
Moonpig to hit top-end of FY25 revenue guidance
Moonpig Group expects its revenues to be between £350m and £353m at year’s end on 30 April 2025, with a “stronger than expected” adjusted EBITDA margin, which will be at the top end of its 25% to 27% guidance range. The online retailer of greeting cards and gifts attributed its…
Read More » -
3 April
Sainsbury’s appoints two non-exec directors to board
Sainsbury has today (3 April) announced that Katie Bickerstaffe and Steve Hare will join the board as non-executive directors following the AGM on 3 July 2025. Bickerstaffe will be a member of the corporate responsibility and sustainability committee and the nomination and governance committee and Hare will join the audit…
Read More » -
2 April
Today’s news in brief-2/4/25
Topps Tiles reported a 4% rise in half-year sales to £127.7m, with underlying growth accelerating to 4.4% in Q2. Trade sales surged 12%, supported by an 11% increase in active traders. However, the retailer warned that National Living Wage and National Insurance hikes will add £4m to annual costs from…
Read More » -
2 April
Intersport sales hit €14bn as it continues global expansion
Intersport, the global sporting goods retailer, has revealed its calendar year closed with global omnichannel sales increasing 2.1% compared with €14bn – an increase of 2.1% compared with 2023. Alongside a gradual growth in digital sales, Intersport’s network of multi-format stores also grew by 83 to 5,464, which Intersport said…
Read More » -
2 April
Topps Tiles HY sales jump 4% to £127.7m
Topps Tiles has revealed that its group sales rose 4% to £127.7m for the 26 weeks ended 29 March 2025. Furthermore, it saw underlying sales growth in the second quarter of 4.4% after adjusting for the timing of holiday periods, up from 3.3% underlying growth in the first quarter. Underlying…
Read More » -
2 April
Decathlon revenues rise 5.2% in 2024 amid cost-control efforts
Decathlon has seen its revenues rise by 5.2% in 2024, but when adjusted for “unfavourable” exchange rates, revenues increased by 3.8% to €16.2bn (£13.5bn). It comes as the group underwent “rigorous” cost-control measures to mitigate the impact of cost inflation, which has allowed the sports retailer to maintain its commercial…
Read More » -
2 April
Currys unveils largest ever investment into safety and security
Currys has announced its largest ever annual investment in store safety measures to help keep its employees safe and deter shoplifters, amid “record high” shoplifting in retail. As part of the investment, Currys is implementing a wide range of new technologies and safety programmes, including upgraded specification Public Display Monitors in…
Read More » -
2 April
The Perfume Shop sales surge 56% in run-up to Mother’s Day
The Perfume Shop has seen its sales surge 56% in the week leading up to Mother’s Day 2025. The sales were driven by a 30% increase in classic perfumes sales, 3% in new and trending perfumes and 2% increase in gift sets compared to 2024. Promotional deals were also popular…
Read More » -
1 April
Today’s news in brief-1/4/25
Retailers are bracing for a £5.56bn rise in costs following the implementation of recent Budget measures, including higher National Insurance contributions and an increased minimum wage. According to Retail Economics, these changes will force businesses to absorb £1.76bn in profit losses while passing £1.72bn onto consumers through price hikes. Chancellor…
Read More »
