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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May- 2024 -28 May
Shop price inflation returns to ‘normal levels’, BRC finds
Shop price annual inflation eased from 0.8% in April to 0.6% in May, according to the British Retail Consortium’s (BRC)…
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24 May
Today’s news in brief-24/5/24
In April, retail sales volumes dropped by 2.3% following a 0.2% decline in March, primarily due to ongoing wet weather,…
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24 May
Ryman Design opens new store in Edinburgh
High-street stationer Ryman has announced the launch of a new Ryman Design Store, set to open in Edinburgh today (24…
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24 May
VF Corp appoints Paul Vogel as CFO
VF Corporation has announced the appointment of Paul Vogel as its new chief financial officer, effective 8 July, 2024. He…
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24 May
Morrisons warehouse staff strike over pensions
Morrisons has warned of disruption as almost 1000 warehouse workers have walked out for the next three days in a…
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24 May
John Lewis launches UK’s ‘largest range’ of rentable menswear
John Lewis has unveiled the “largest range” of menswear brands available to rent on the high street, with the likes…
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24 May
Consumer confidence recovers in May
Consumer confidence has continued to recover by a three-point rise to -27 in May, according to GfK’s long-running Consumer Confidence…
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24 May
Ted Baker shuts down US stores and website
Ted Baker has reportedly shut down its North American-based stores and website after falling into administration. It is believed that…
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24 May
Retail sales slump 2.3% in April amid wet weather
Retail sales fell by 2.3% in volume over April, following a fall of 0.2% in March, as the retail sector…
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23 May
Today’s news in brief-23/5/24
The Very Group’s pre-tax losses narrowed to £2.1m for the 39-week period ending March 30, down from £11.7m the previous…
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