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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Sep- 2024 -2 September
Oasis reunion boosts HMV sales
Music and entertainment retailer HMV said it has seen a “huge boost” in sales following the reunion of rock band…
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2 September
M&S urges Angela Rayner to approve Marble Arch shop revamp plans
M&S has urged Deputy PM Angela Rayner to give the go ahead to controversial plans for the demolition of its…
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Aug- 2024 -30 August
UK retail sales dipped 0.7% in August, BDO reveals
Total retail sales have increased by just 0.7% compared to August last year, according to this month’s High Street Sales…
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30 August
UKRadiators.com appoints ex-Tiffany exec as operations director
UKRadiators.com, an online retailer based in Colchester, UK, has appointed Mark Webber, as its new operations director. Webber brings over…
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30 August
Dobbies plans restructuring process
Dobbies, the UK’s biggest garden centre operator, is reportedly planning a financial overhaul which could result in store closures or…
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30 August
ACS warns of instances of smaller stores buying stolen goods from shoplifters
The Association of Convenience Stores (ACS) has reported that some smaller shops are buying stolen goods from professional shoplifters who…
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30 August
Birkenstock misses Q3 profit estimates
Birkenstock has missed its quarterly profit estimates as its gross profit margin dropped 220 basis points to 59.5% during the…
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30 August
Tesco faces strike ballot as warehouse workers reject pay offer
Usdaw has launched a consultation ballot, asking Tesco workers at eight sites if they are ready to take a dispute…
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30 August
Sainsbury’s acquires 10 Homebase stores
Sainsbury’s has announced that it has acquired 10 stores from HHGL Limited, trading as Homebase, for conversion into Sainsbury’s supermarkets.…
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29 August
Today’s news in brief-29/8/24
Retail footfall in the UK experienced a slight increase of 0.9% from July to August, with shopping centres and retail…
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