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-
B&M cuts full-year outlook
via ft.comLower guidance comes as UK discount retailer reduced inventory as part of turnaround plan -
Morrisons Travel launches in partnership with Expedia
The Morrisons supermarket chain has launched Morrisons Travel, a new travel booking service in partnership with Expedia Group. Available via Morrisons.com and the Morrisons More app,... View Article -
Morrisons Travel launched with Expedia Group
Supermarket chain Morrisons has launched Morrisons Travel, in partnership with technology company Expedia Group.
The service enables customers to book hotels, flights, car hire and activities while earning Morrisons More Points.
It is available via Morrisons.com and the Morrisons More app.
Through the partnership, Morrisons Travel customers can browse flight deals from airports around the world and choose from a global selection of hotels. They can also hire a car and book tours or activit -
B&M and The Works hit by tough Christmas trading
Retailers report weaker sales over festive period amid ‘subdued consumer confidence’• Business live – latest updatesThe discount retailer B&M cut its profit forecast, while the value books and crafts chain The Works reported a fall in sales, highlighting a difficult Christmas trading period for British stores.B&M’s UK sales fell by 0.6% on a like-for-like basis in its third quarter to 27 December, though it said sales improved in December after it reduced pri -
Primark owner confirms lowered outlook and festive revenue fall
Primark’s parent company Associated British Foods (ABF) has confirmed its reduced outlook and revenue decline for the 16 weeks to 3 January.
The business said Primark revenues dropped 2.7% on a LFL basis, with LFL sales in its European arm falling 5.7%.
UK revenues rose 1.7%, with combined UK and Ireland sales growing 1.1% on a LFL basis.Related Story Schuh hires new CMO21/01/2026 x 12:02 PMTotal sales in the fashion brand’s US arm rose 12% over the period.
The update comes afte -
B&M cuts profit guidance as it steps up investment in pricing and stock reset
Discount retailer B&M has lowered its full-year profit guidance despite reporting positive sales momentum in December, as it increases investment in areas such as pricing and stock clearance.
The business said UK like-for-like sales returned to growth, rising 3%, following declines earlier in the quarter.
Early January trading has continued to show a positive trend, supported by strong seasonal sell-through and clearance activity.
However, B&M said deeper investment in price, partic -
The Works hails strong in-store performance
The Works said its stores delivered strong growth in the 26 weeks to 2 November, as the retailer of screen-free activities benefited from new strategic initiatives.... View Article -
The Works posts improved interim performance
Book and craft retailer The Works has reported improved profitability and resilient in-store trading in its interim results.
The business said, for the 26 weeks ended 2 November 2025, total like-for-like (LFL) sales increased by 0.3%, underpinned by a strong performance in stores, which account for more than 90% of group revenue.
Store LFL sales rose 4%, significantly ahead of the wider UK non-food retail market, which recorded growth of 0.6% over the same period.
Total revenue edged down 0.3% y -
Wickes sees H2 volume-driven growth
DIY and trade retailer Wickes has reported continued sales growth across all areas of the business.
In a trading update for the six months ending 27 December 2025, which was released today (22 January), the business said Group revenue rose 6.3% year-on-year in the second half, taking full-year revenue to £1.64bn, up 5.9%.
Like-for-like (LFL) Group revenue increased by 5.3% in H2 and by 4.9% over the full year.Related Story Matalan posts strong Q3 as digital growth and store investment driv -
Wickes boosted by strong performance in TradePro
Wickes has reported that revenue increased by 6.3% in its second half after a strong performance in retail. In the six months to 27 December, retail... View Article -
B&M issues profit warning
B&M has seen its third quarter group revenue increase by 2.9% as it became sharper on price to reinforce its value credentials to customers. However, the... View Article -
B&M cuts full-year outlook as new chief clears old stock
via ft.comUK discount retailer reduces inventory as part of turnaround plan under Tjeerd Jegen -
B&Q to launch new trade-exclusive store concept for TradePoint
B&Q is to open a standalone store for its TradePoint business next month. The new store concept is dedicated exclusively to trade professionals, aiming to provide... View Article -
Axel Arigato taps Adidas executive for CEO role
Swedish footwear brand Axel Arigato has appointed Frederic Sarrant as its new chief executive. He has been working for the last 16 years with Adidas, most... View Article -
Merry Hill hails ‘record’ performance in 2025
Merry Hill has announced a record performance in 2025, with sales increasing by 4.3% and footfall rising by 5%. The West Midlands shopping destination credited the... View Article -
Consumer confidence shows ‘hints of optimism,’ says BRC
The British Retail Consortium (BRC) has reported “hints of optimism” in consumer confidence, despite a decline in spending expectations.
Over the next three months, consumer expectations of the state of the economy improved to -32 in January from -38 in December, according to BRC-Opinium data.
Predictions for their personal financial situation also rose to -8 in January, from -10 the month prior.
However, consumer expectations for their personal spending on retail dropped to -6 this -
B&Q to open first standalone TradePoint store
DIY and homeware retailer B&Q is set to launch a new trade-exclusive store format for its TradePoint brand, with the first standalone site set to open in Barking in March.
The business said its new concept is aimed exclusively at trade professionals and will offer a one-to-one service, extended opening hours, speedy collection and delivery options, as well as access to thousands of trade-focused products and services.
The Barking store will have a 32,000 sq ft sales area and stock more than -
B&Q opening first standalone TradePoint store
DIY and homeware retailer B&Q is set to launch a new trade-exclusive store format for its TradePoint brand, with the first standalone site set to open in Barking in March.
The business said its new concept is aimed exclusively at trade professionals and will offer a one-to-one service, extended opening hours, speedy collection and delivery options, as well as access to thousands of trade-focused products and services.
The Barking store will have a 32,000 sq ft sales area and stock more than -
Pets Corner appoints new chief retail officer
Pets Corner has appointed Nick Anderson as its new chief retail officer, as it continues to invest in leadership and growth across the UK.
The family-run pet retailer, which operates more than 160 stores, alongside Dogwood Grooming Salons and Pet Practice veterinary surgeries, said Anderson joined at the start of January.
In his new role, Anderson will oversee retail operations and support Pets Corner’s continued expansion and customer experience strategy. Related Story Pets Corner items t -
Pets Corner appoints Nick Anderson as chief retail officer
Pets Corner has appointed Nick Anderson as its new chief retail officer. Anderson has worked for the last 13 years at Dobbies Garden Centres, most recently... View Article -
Schuh hires new CMO
Scottish shoe retailer Schuh has named Laura King as its new chief marketing officer, effective immediately.
King joins from the Premier League, where she worked as a marketing consultant from November 2024 to February 2025.
She previously served as global marketing director for Accessorize from March 2022 to August 2024, and was brand marketing director, Europe, for fashion chain Urban Outfitters from September 2019 to September 2021.
In her new position, the exec is set to lead the market -
Next buyout saves footwear brand Russell & Bromley but 400 jobs likely to be lost
Retailer buys chain from administration for £3.8m adding to portfolio ranging from FatFace to Made.comNext has rescued the footwear retailer Russell & Bromley out of administration for £3.8m but about 400 jobs are likely to go at 33 shops not included in the deal.The British brand, founded in 1879 in Eastbourne, East Sussex, trades from 36 stores and nine concessions across the UK and Ireland. Next will take on only three stores – in Chelsea, Mayfair and the Bluewater shopp -
Next acquires Russell & Bromley in pre-pack administration deal
Next has purchased shoe retailer Russell & Bromley in a pre-pack administration deal, reportedly leading to the closure of 33 stores and nine concessions.
The acquisition, which is subject to court approval of administrators later today (21 January), includes the brand and intellectual property of Russell & Bromley for £2.5m in cash, according to Next.
Additionally, £1.3m is being paid for a portion of the current Russell & Bromley stock.Related Story Fenwick and Se -
Morrisons delivers ‘resilient’ full year performance
Morrisons increased its revenue by 3.2% to £15.8 billion in the year to 26 October 2025. Group like-for-like sales edged up 2.8%, following growth of 2.4%... View Article -
Burberry posts festive sales boost as refreshed brand strategy delivers
Burberry saw sales rise over the Christmas quarter, as it said customers responded to its refreshed brand strategy and renewed focus on core product categories.
In a third-quarter trading update covering the 13 weeks ending 27 December 2025, the luxury fashion house reported retail revenue of £665m, up 1% year on year.
Comparable store sales rose 3%, marking the second consecutive quarter of flat or positive growth across all regions.
The company said it achieved strong engagement with its -
Morrisons records ‘resilient’ annual results as festive sales rise
Morrisons saw a “resilient” set of 2025 results, as it improved sales over the Christmas period.
The grocer’s full year underlying EBITDA was maintained at £835m for the 52 weeks ending October 2025, despite “significant and largely unexpected” external cost headwinds from the 2024 Budget, the impact of a cyber incident in Q1, and “higher than expected” inflation.
Full year group like-for-like (LFL) sales rose 2.8% for the 52 weeks endi -
Currys lifts profit outlook after strong Christmas trading
Currys said strong Christmas trading pushed profits above market expectations, as it reported a boost in sales growth across the festive period.
For the 10 weeks to 10 January 2026, the electrical retailer said like-for-like revenue rose 6% during the peak period.
In the UK and Ireland like-for-like sales grew 3%, supported by strong demand in mobile, computing and appliances, while omnichannel sales rose 11% year on year.
As a result, the group now expects adjusted profit before tax of between -
Burberry ‘builds momentum’ in third quarter
Burberry has delivered a 3% rise in comparable store sales in its third quarter. The uplift followed an increase of 2% in the luxury brand’s second... View Article -
Premier Foods’ profit outlook lifted by strong Christmas performance
via ft.comPremium ranges at maker of Mr Kipling cakes outperform as consumers trade up over festive period -
JD Sports sees Q4 sales fall amidst ‘volatile backdrop’
JD Sports Fashion plc reported a 5.3% like-for-like fall in the UK, with organic sales down 4.8%, according to its Q4 2025/26 trading update.
In a financial statement covering the nine-week period to 3 January 2026, which was released today (21 January), the business reported year-to-date basis (48 weeks), UK like-for-like sales were also negative at –4.0%.
Despite the soft UK performance, JD says it remains on track to deliver full-year profit in line with market expectations.Relate
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