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 -15 February
Jeff Bezos sells over $4bn of shares in Amazon
Amazon founder Jeff Bezos has recently sold more than $4bn (£3.2bn) of his shares in the company, according to new…
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15 February
Kingfisher unveils new apprenticeship target for 2030
Kingfisher, the international home improvement retailer, has announced a new target for 20,000 colleagues to have completed an apprenticeship, traineeship…
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15 February
UK enters technical recession as GDP contracts 0.3% in Q4
The UK fell into a technical recession after gross domestic product (GDP) shrank by 0.3% in the final three months…
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15 February
Poundland to refurb 150 stores
Poundland has announced that it is set to commence refurbishments on 150 stores set to be completed by August this…
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15 February
VF Corporation appoints new board director
VF Corporation has announced the appointment of Caroline Brown to the company’s board of directors, effective from 14 February. Brown…
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14 February
Today’s news in brief-14/2/24
The British Retail Consortium (BRC) reported a disturbing surge in violence and abuse against retail workers, with incidents increasing by…
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14 February
The Works appoints two non-exec directors
The Works has announced the appointment of John Goold and Mark Kirkland as non-independent non-executive directors effective immediately. Goold is…
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14 February
Intimissimi opens new store on Kensington High Street
Oniverse Group, formerly known as Calzedonia Group, has announced the expansion of the Intimissimi brand in the UK with the…
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14 February
Inflation remains steady at 4%
Inflation remained unchanged at 4% in January, despite forecasters expecting a slight rise as falling food prices offset an increase…
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14 February
Abuse of retail workers almost doubles to 1,300 incidents a day
Violence and abuse against retail workers jumped almost 50% as the number of incidents rose to 1,300 per day in…
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