Retail news

• Landsec posts strong Christmas as footfall rises

  19-01-2026 10:24 via retailgazette.co.uk
  Property group Landsec reported a strong Golden Quarter performance, with its retail destinations outperforming the wider market as sales and footfall rose year on year.
  The business said sales across its retail and hospitality portfolio increased 4.9% during the Golden Quarter, beating the national retail benchmark, which fell 0.2% over the same period.
  During the three peak Christmas shopping weeks, sales were up 6.5% year on year.
  Footfall across Landsec’s major shopping centres an
  
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• Asda transfers 2,000 security guards to Mitie

  22-01-2026 18:21 via retailgazette.co.uk
  Asda is outsourcing its store security to facilities services Mitie, amidst rising crime.
  The facilities management business has obtained a new multi-year security contract with Asda, to deliver services across more than 1,100 locations nationwide including Asda superstores, supermarkets, living and express stores. 
  Mitie is set to support Asda in “transitioning to a data-driven, outcome-focused security model” which “places the safety of both customers and colleagues at t
  
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• Tesco trials crime reporting platform

  22-01-2026 16:02 via retailgazette.co.uk
  Tesco is set to pilot a new crime reporting platform, designed to deter retail crime and keep staff, customers and local communities safe. 
  From Monday (26 January), the UK’s biggest supermarket retailer will test the Auror platform across 40 of its stores.
  The 10-week trial will be carried out across Nottinghamshire and Leicestershire, with the aim of reducing retail crime, protecting workers and increasing collaboration with the police and the wider retail industry.
  The Auror platfo
  
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• Morrisons Travel launches in partnership with Expedia

  22-01-2026 13:04 via theretailbulletin.com
  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
  
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• Morrisons Travel launched with Expedia Group

  22-01-2026 12:55 via retailgazette.co.uk
  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
  
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• B&M and The Works hit by tough Christmas trading

  22-01-2026 11:56
  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
  
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• Primark owner confirms lowered outlook and festive revenue fall

  22-01-2026 10:52 via retailgazette.co.uk
  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
  
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• B&M cuts profit guidance as it steps up investment in pricing and stock reset

  22-01-2026 10:34 via retailgazette.co.uk
  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
  
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• The Works hails strong in-store performance

  22-01-2026 10:32 via theretailbulletin.com
  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
  
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• The Works posts improved interim performance

  22-01-2026 10:25 via retailgazette.co.uk
  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
  
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• Wickes sees H2 volume-driven growth

  22-01-2026 09:46 via retailgazette.co.uk
  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
  
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• Wickes boosted by strong performance in TradePro

  22-01-2026 09:39 via theretailbulletin.com
  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
  
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• B&M issues profit warning

  22-01-2026 09:17 via theretailbulletin.com
  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
  
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• B&M cuts full-year outlook as new chief clears old stock

  22-01-2026 09:00
  UK discount retailer reduces inventory as part of turnaround plan under Tjeerd Jegen
  
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• B&M cuts full-year outlook

  22-01-2026 09:00
  Lower guidance comes as UK discount retailer reduced inventory as part of turnaround plan
  
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• B&Q to launch new trade-exclusive store concept for TradePoint

  22-01-2026 08:18 via theretailbulletin.com
  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
  
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• Axel Arigato taps Adidas executive for CEO role

  22-01-2026 08:18 via theretailbulletin.com
  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
  
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• Merry Hill hails ‘record’ performance in 2025

  22-01-2026 07:15 via theretailbulletin.com
  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
  
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• Consumer confidence shows ‘hints of optimism,’ says BRC

  22-01-2026 01:01 via retailgazette.co.uk
  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
  
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• B&Q to open first standalone TradePoint store

  21-01-2026 16:41 via retailgazette.co.uk
  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
  
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• B&Q opening first standalone TradePoint store

  21-01-2026 16:41 via retailgazette.co.uk
  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
  
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• Pets Corner appoints new chief retail officer

  21-01-2026 13:33 via retailgazette.co.uk
  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
  
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• Pets Corner appoints Nick Anderson as chief retail officer

  21-01-2026 13:32 via theretailbulletin.com
  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
  
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• Schuh hires new CMO

  21-01-2026 13:02 via retailgazette.co.uk
  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
  
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• Next buyout saves footwear brand Russell & Bromley but 400 jobs likely to be lost

  21-01-2026 12:50
  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
  
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• Next acquires Russell & Bromley in pre-pack administration deal

  21-01-2026 12:26 via retailgazette.co.uk
  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
  
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• Morrisons delivers ‘resilient’ full year performance

  21-01-2026 12:10 via theretailbulletin.com
  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
  
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• Burberry posts festive sales boost as refreshed brand strategy delivers

  21-01-2026 10:59 via retailgazette.co.uk
  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
  
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• Morrisons records ‘resilient’ annual results as festive sales rise

  21-01-2026 10:43 via retailgazette.co.uk
  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
  
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• Currys lifts profit outlook after strong Christmas trading

  21-01-2026 10:41 via retailgazette.co.uk
  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
  
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