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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Jul- 2024 -11 July
Pepco Group LFL revenue dips 4.3% in Q3
Pepco Group, owner of Poundland, Dealz and Pepco, has reported a 4.3% decline in group like-for-like revenues for its third…
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11 July
Frasers Group further increases stake in Hugo Boss
Frasers Group has announced that it has upped its investment in Hugo Boss, increasing its overall stake from €360m (c.…
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10 July
Whole Foods Market and BasicNet signs retail units in Chelsea
Whole Foods Market and BasicNet have recently signed as new tenants at the One Twenty King’s Road development in Chelsea,…
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10 July
EWM, Bonmarche and Peacocks return to profitability
The owners of Edinburgh Woollen Mill (EWM), Bonmarche and Peacocks, have revealed that all three brands have returned to profitability.…
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10 July
Dyson to cut up to one third of its UK workforce
Vacuum cleaner maker Dyson is reportedly planning to cut around 1,000 jobs, nearly one third of its UK workforce, following…
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10 July
Travis Perkins appoints Pete Redfern as new CEO
Travis Perkins has announced the appointment of Pete Redfern as its new chief executive officer, following an “extensive and rigorous”…
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10 July
Timpson CEO steps down to focus on new ministerial role
Timpson CEO James Timpson has stepped down from his role at the shoe repair chain company after being recently appointed…
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10 July
Adidas set to announce highest profit in three years
Adidas could be set to announce its highest profit in three years amid success of its Samba and Gazelle trainers,…
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9 July
Today’s news in brief-9/7/24
Amazon’s Coventry warehouse is at the centre of a groundbreaking union recognition ballot involving over 3,000 workers. If successful, this…
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9 July
Montirex to open first pop-up store in Liverpool One
Montirex, the Liverpool-born technical outdoor and sportswear brand, is set to open its first ever pop-up store on Liverpool One’s…
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