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retail sector

  • Bensons for Beds: ‘It would have been easy for staff to lose heart’

    July 3, 2025

    Bensons for Beds has admitted it “would have been easy” for its employees to “lose heart” during its latest financial year which saw the chain battle a worsening retail environment. The Lancashire-headquartered business paid tribute to its more than 1,800 members of staff for what it called a “strong set of results”. Those results, for [...]

  • Sweet success for Haribo as sales hit new record

    July 1, 2025

    The UK arm of sweets brand Haribo has achieved record sales for a third year running as its profit also jumped. The West Yorkshire-based division has reported a turnover of £291.5m for 2024, up from the £270.7m it achieved in 2023. The company’s UK sales increased in the year from £258.6m to £278.2m while its [...]

  • Clarks cuts over 1,200 jobs as sales fall by almost £100m

    June 30, 2025

    Clarks cut more than 1,200 jobs as its sales slumped by almost £100m during its latest financial year, it has been revealed. The Somerset-headquartered shoe retailer has reported a revenue of £901.3m for 2024, down from the £994.5m it achieved in 2023. New accounts filed with Companies House also show that Clarks’ headcount fell from [...]

  • Lego: Profit spikes as sales pass major milestone

    June 25, 2025

    Profit at the UK arm of Lego spiked in 2024 as its sales passed the £500m mark for the first time, it has been revealed. The Berkshire-headquartered division of the Danish giant has reported a pre-tax profit of £42.9m for its latest financial year. The total comes after Lego posted a pre-tax profit of £24.2m [...]

  • Matalan: Huge losses continue as almost 200 jobs lost

    June 19, 2025

    Huge losses have continued at Matalan as its sales dipped below £1bn and it shed almost 200 jobs. The Liverpool-headquartered retailer has reported a pre-tax loss of £67.2m for the 12 months to 22 February, 2025. The total comes after Matalan also posted a pre-tax loss of £60m in its prior year. New accounts also [...]

  • Represent: Clothing brand almost doubles sales in two years

    June 10, 2025

    Sales at clothing brand Represent jumped towards the £100m mark in a “landmark year” which saw it double down on collaborations, grow its activewear and expand into further into the US. The business, which was founded by brothers George and Michael Heaton, has posted a turnover of £93.8m for 2024, up from the £80.8m it [...]

  • Interflora owner returns to profit despite sales slip

    June 3, 2025

    The owner of the UK arm of Interflora has returned to the black despite its sales falling during its latest financial year, it has been revealed. The Lincolnshire-headquartered business has posted a pre-tax profit of £1.9m for 2024, according to new accounts filed with Companies House. The profit comes after the firm behind Interflora’s UK [...]

  • Shoe Zone given a kicking as shares slump after losses revealed

    May 21, 2025

    Shares in Shoe Zone have suffered a huge drop after the retailer revealed it had fallen to a loss during the first half of its financial year. The Leicester-headquartered company has reported a pre-tax loss of £2.3m for the six months to 29 March, 2025. The business had previous posted a pre-tax profit of £2.6m [...]

  • Currys: Shares dip despite interest rates helping sales at retailer

    May 21, 2025

    Electrical retailer Currys has reported a jump in profit after sales jumped thanks in part to a boost from lower interest costs. In a trading update on Wednesday, the firm said it expects pre-tax profit to come in at £162m, up 37 per cent year-on-year. Previous guidance had indicated profit for the period ending May [...]

  • Holland & Barrett: Huge losses continue despite sales surge

    May 15, 2025

    Holland & Barrett has suffered another year of losses despite its sales continuing to climb. The Nuneaton-headquartered health foods store chain has reported a pre-tax loss of £61.8m for the 12 months to the end of September 2024. The latest total comes after the retailer also lost £65.3m in the prior 12 months and £59.6m [...]

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