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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Mar- 2024 -22 March
Today’s news in brief-22/3/24
In February, UK retail sales stagnated at 0.0%, down from 3.6% the previous month, largely due to inclement weather dampening…
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22 March
Superdrug freezes prices on all cosmetics
Health and beauty retailer Superdrug has recently announced a price freeze across thousands of makeup products as part of the…
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22 March
Nike revenues hit $12.4bn in Q3
Nike Inc. has revealed that its third quarter revenues slightly increased on both a reported and currency-neutral basis to $12.4bn…
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22 March
UK Consumer confidence stagnates in March
UK Consumer confidence has remained flat at -21 in March following a two point drop last month, according to data…
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22 March
Waitrose to close London warehouse, 545 jobs at risk
Waitrose is reportedly planning to close its delivery warehouse in Enfield this summer, placing over 500 jobs at risk.According to…
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22 March
Pandora appoints new GM for British Isles and new CCO
Pandora has announced the appointment of Sonia Lopez Delgado as new general manager of British Isles (BRIS) from 1 July,…
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22 March
Retail sales flatline in rainiest February on record
UK retail sales experienced no growth (0.0%) in February, down from 3.6% in the month prior, as wet weather discouraged…
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21 March
The data challenges restricting FMCG companies from building customer relationships
To succeed in FMCG, brands must quickly decode consumer behaviour. However, brands must contend with the scarcity of first-party data…
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21 March
Today’s news in brief-21/3/24
Reports suggest that Kingfisher, the owner of B&Q, is contemplating a bid for Homebase’s stores in the Republic of Ireland,…
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21 March
Alibaba records rise in SME buyers at March Expo 2024
Alibaba.com has recorded a positive rise in the number of active B2B buyers from the UK at this year’s March…
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