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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Apr- 2024 -5 April
Today’s news in brief-5/4/24
Carpetright has enlisted the help of advisers to explore avenues for cutting costs amidst a challenging market. With weakening demand…
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5 April
Mango teams up with Victoria Beckham for new capsule collection
Mango is teaming up with Victoria Beckham to launch a new capsule collection, which will be available internationally on April…
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5 April
Logie Timber opens retail outlet near Forres
Scottish sawmill Logie Timber has opened a new retail outlet – Logie Timber Supplies – for woodwork and outdoor living…
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5 April
Theo Paphitis slams gov’s ‘disappointing’ attitude towards retail
Theo Paphitis has called out the government’s “disappointing” attitude towards the industry’s importance, Retail Week has reported. It comes as Paphitis’…
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5 April
Majestic acquires Vagabond Wines
Majestic, the UK’s largest specialist wine retailer, has bought Vagabond Wines out of administration, saving nine of its wine bars…
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5 April
Carpetright calls in advisers to cut costs
Carpetright has reportedly called in advisers to help it explore cost cutting measures as demand weakens and competition increases, according…
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5 April
Decathlon revenues reach €15.6bn in 2023
Decathlon reported a 1.1% revenue increase to €15.6bn (£13.3bn) for the financial year 2023. Digital sales accounted for 17.4% of…
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5 April
The Works shareholders vote to exit main stock exchange
The Works has announced that its shareholders voted to transfer shares from the main market of London’s Stock Exchange to…
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4 April
Today’s news in brief-4/4/24
In March, UK retail footfall experienced a modest increase of +1.7% compared to February, signalling a stabilising trend according to…
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4 April
Kiko Milano to open new store in Angel Central
Italian cosmetics brand Kiko Milano is set to open a new store in Islington’s retail destination Angel Central as part…
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