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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Aug- 2024 -19 August
Boohoo in dispute with suppliers over poor stock quality
Boohoo and its suppliers are reportedly in a dispute over claims the fast fashion group has received a significant amount…
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19 August
Morrisons hit by raft of senior staff departures
Morrisons has been hit by an “exodus” of senior staff after seven directors left the supermarket over the summer, including…
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19 August
Ted Baker to shutter remaining stores, 500 jobs at risk
The remaining 31 Ted Baker stores will permanently shutter this week, putting more than 500 jobs at risk. According to Sky…
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16 August
Retail sales rebound in July as Euros give needed boost
Retail sales increased 0.5% in July after falling 0.9% in June, as retailers saw a welcome boost from Euro 2024…
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16 August
WHSmith rolls out café format amid food-to-go popularity
WHSmith has launched Smith’s Kitchen, a new own-brand café format that will offer dine-in and takeaway options, outside of travel…
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16 August
Victorian Plumbing to shutter Victoria Plum, 100 jobs at risk
Victorian Plumbing is set to close Victoria Plum, a rival firm it acquired only three months ago, in a move…
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16 August
Lolë Brands acquires Sanuk
Lolë Brands, a global apparel company producing athleisure, active and outerwear, has acquired outdoor lifestyle footwear brand, Sanuk, previously a…
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15 August
Today’s news in brief-15/8/24
The UK economy showed resilience with a 0.6% growth in the second quarter of 2024, despite a stagnant June where…
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15 August
Aldi to retire click-and-collect service
Aldi has revealed it will be discontinuing its click-and-collect offering at the end of this week on 18 August. According…
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15 August
UK economy grows by 0.6% despite June flatline
The UK economy has grown by 0.6% between April and June, in part boosted by the service sector, according to…
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