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 -2 July
Sainsbury’s Q1 sales jump 2.6% as it hails market share gains
Sainsbury’s has revealed that its retail sales rose 2.6% and also hailed its market share gains during the 16 weeks ended…
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2 July
Shop price inflation eases to 0.2% in June
Shop price annual inflation eased to 0.2% in June, down from 0.6% in May, the lowest rate of price growth…
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2 July
JD Sports COO steps down
The COO of JD Sports, Sherilyn Paterson, has stepped down amid her retirement after spending 12 years at the group. In…
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2 July
Shoe Zone posts profit warning amid continued cost pressures
Shoe Zone has reported that it now expects adjusted profits before tax to be “no less than” £10m for the…
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1 July
Today’s news in brief-1/7/24
Several firms, including Gordon Brothers led by Mark Newton-Jones, are bidding to rescue The Body Shop’s UK business after its…
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1 July
Mango Teen opens first UK store in Carnaby Street
Mango Teen, the dedicated youth offering by international fashion retailer Mango, has opened its first store in the UK in…
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1 July
Ann Summers to unveil lingerie-specific online marketplace
Ann Summers has announced that it will be unveiling an online marketplace – Knickerbox.com – on 16 July, founder Jacqueline…
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1 July
Former Mothercare boss among The Body Shop bidders
Several private equity giants are reportedly eyeing a rescue bid for The Body Shop’s high street business, The Telegraph has…
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1 July
Frasers in talks to acquire Princesshay shopping centre
The Mike Ashley’s Frasers Group is reportedly in talks with Crown Estate to acquire Princesshay shopping centre in Exeter, according…
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1 July
Boots chief to depart after sale plans shelved
Boots managing director Sebastien James is set to quit his role after its owner shelved plans to sell the retailer.…
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