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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Feb- 2024 -19 February
Aurelius MD behind Body Shop buyout exits group
A dealmaker from Aurelius who helped lead its private equity takeover of The Body Shop has abruptly left the group…
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16 February
Today’s news in brief-16/2/24
In January 2024, the UK experienced a significant rebound in retail sales, rising by 3.4% following a 3.2% decline in…
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16 February
The Watches of Switzerland opens Tag Heuer in London Gatwick
The Watches of Switzerland Group has announced the opening of a new Tag Heuer boutique in London Gatwick, South Terminal. …
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16 February
NWEC calls for return to tax-free shopping as tourist spending gap widens
The New West End Company (NWEC) has called for the return of tax-free shopping as the gap between the number…
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16 February
Farfetch CEO to step down following Coupang rescue deal
Farfetch founder and CEO Jose Neves is reportedly stepping down from the company following the sale of the business to…
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16 February
Retail sales jump 3.4% giving optimism despite recession
Retail sales in the UK jumped 3.4% in January 2024 after falling 3.2% in December, according to data from the…
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16 February
John Lewis bolsters board and audit committee
John Lewis Partnership has announced the appointment of Clare Swindell to its board of directors and Jane Hanson CBE as…
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15 February
Today’s news in brief-15/2/24
The UK has entered a technical recession as its GDP contracted by 0.3% in the final quarter of 2023. This…
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15 February
Lidl switches to electronic shelf labelling
Lidl GB has announced it is changing how it displays prices , following a successful trial of electronic shelf labelling…
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15 February
Clacton Shopping Village marks ‘record-breaking’ 2023 trading
Clacton Shopping Village in Essex has experienced a “record-breaking” 2023 after welcoming a new high of 1.6 million shoppers and…
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