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 -26 February
Today’s news in brief-26/2/24
Frasers Group has announced the appointment of four new directors to its board, signalling a significant restructuring move. Among the…
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26 February
Lululemon to open upsized flagship in Covent Garden
Athletic apparel brand lululemon will be relocating and upsizing its flagship store within The Yards, Covent Garden. Taking a new…
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26 February
Co-op opens newest local store in Welling
The Co-op has announced the opening of its newest 2,700 sq ft store in Welling on Wrotham Road, creating 18…
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26 February
Tourist tax unlikely to be scrapped in Spring Budget
Tourist tax is unlikely to be overturned in the Spring Budget despite recent campaigning from UK retailers, The Times has…
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26 February
Former Prince Andrew aide working on Currys takeover bid
Amanda Thirsk, former aide to Prince Andrew, is reportedly playing a key role in JD.com’s attempted takeover of Currys, according…
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26 February
Frasers appoints four new directors
Frasers Group has announced the appointment of four new directors to its board. David Al-Mudallal, chief operating officer at Frasers…
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26 February
Next mulls Body Shop rescue bid
Next has reportedly approached administrators with plans to acquire some of The Body Shop’s assets, according to Sky News. The…
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26 February
John Lewis to axe 200 contractors in an effort to cut costs
The John Lewis Partnership will be making approximately 200 contractors redundant from its customer service provider, Foundever, The Telegraph has…
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23 February
Today’s news in brief-23/2/24
Consumer confidence in the UK dropped by two points to reach -21 in February, according to the GfK index. The…
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23 February
The Co-op opens new local franchise store in Sussex
The Co-op has opened a new store on Eastbourne Road, in Uckfield, which brings into use surplus space in the…
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