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 -26 July
JD Sports eyes job cuts at Derby distribution centre
JD Sports has confirmed that it is considering the future of a number of jobs at its Derby distribution centre.…
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25 July
Today’s news in brief-25/7/24
Burberry is on the lookout for a new chair to replace Gerry Murphy amidst challenging times in the luxury goods…
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25 July
Lidl to invest £1.5bn in beef industry over next five years
Lidl GB has committed to invest £1.5bn into the British beef industry over the next five years, as part of…
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25 July
Howdens maintains full-year outlook as H1 sales and profits rise
Howdens has welcomed good revenue growth in the first half of the year despite a “challenging” marketplace, as sales rose…
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25 July
Hammerson upbeat despite £517m loss
Hammerson has hailed a “strong performance” in the first half of the year ended 30 June despite experiencing a £517m…
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25 July
Burberry begins hunt for chair’s successor
Burberry is reportedly seeking a new board member who could replace incumbent chair Gerry Murphy, according to reports from Sky…
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25 July
Virgin Wines EBITDA hits £2.8m
Online wine retailer Virgin Wines UK has reported a 260% increase in EBITDA to £2.8m, with its profit-before-tax also expected…
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25 July
Majestic strengthens store portfolio amid £1m investment
Wine retailer Majestic has opened two brand new stores in the South East of England and completed two major refurbishments…
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24 July
Seven Dials to welcome quartet of store openings
Covent Garden’s Seven Dials is set to welcome NN.07 first standalone UK store, Form&Thread’s West End debut and the opening…
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24 July
40% of consumers opt for cashless payments despite 2.6% surge in cash usage
Almost four out of 10 UK adults (39%) were living largely cashless lives during 2023, despite the number of people…
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