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.
-
Feb- 2024 -14 February
Frasers ups stake in AO amid ยฃ80m share buyback programme
Frasers has upped its stake in AO World to 24.7% amid the launch of a new ยฃ80m share buyback programme.…
Read More » -
14 February
Waitrose invests ยฃ30m in price cuts
Waitrose has announced that it is cutting prices by another ยฃ30m on hundreds of everyday own brand products.ย ย The price…
Read More » -
14 February
Dunelm H1 sales rise 4.5% to ยฃ872m
Homeware retailer Dunelm has revealed that sales grew by 4.5% to ยฃ872m in the 26 weeks to 30 December 2023,…
Read More » -
13 February
Today’s news in brief-13/2/24
Yodel has been rescued by rival company Shift, marking a significant development in the logistics sector. Yodel, acquired by YDLGP…
Read More » -
13 February
The Body Shop collapses into administration, 2,000 jobs at risk
The Body Shop UK has collapsed into administration, in a move that could see up to 2,000 jobs at risk.…
Read More » -
13 February
Deckers Brands appoints new HOKA president
Deckers Brands has recently announced that it has named Robin Green as the next president of HOKA, effective immediately.ย Green…
Read More » -
13 February
Frasers ups stake in N Brown to 20%
Frasers Group has revealed it has increased its stake in fashion retailer N Brown to 20%, according to the latest…
Read More » -
13 February
Wet weather sees footfall slump 5.2%
Heavy rain and snow across some parts of the UK saw footfall drop 5.2% across all retail destinations when compared…
Read More » -
13 February
Aldi to invest ยฃ550m in store and distribution network
Aldi will invest more than ยฃ550m in expanding and further improving its store and distribution network during 2024. This includes…
Read More » -
13 February
Yodel rescued by rival firm Shift
Yodel has announced that it has been acquired by YDLGP Limited, a newly formed company backed by rival firm Shift,…
Read More »