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 -21 February
Co-op to open new store in Ridgewood Sussex
A new Co-op store is set to launch on Thursday (22 February) to serve and support the Ridgewood, Uckfield community…
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21 February
Moda In Pelle launches SS24 collection
Luxury footwear brand, Moda In Pelle, has launched its Spring/Summer 2024 collection, which features “trendsetting” sports-luxe styles ahead of the…
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21 February
BP appoints David Phillpot as European convenience trading director
BP has announced the appointment of David Phillpot as convenience trading director, Europe. Phillpot joins the firm from M&S and…
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21 February
Shopify makes leadership team changes to EMEA division
Shopify has announced changes to its EMEA leadership team, with new roles for Emilie Benoit-Vernay, Benjamin Lang and Lara Rosquët,…
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21 February
Currys shareholder Redwheel warns of stock market decline
Currys’ largest shareholder, Redwheel, has warned that more foreign firms will begin to circle London companies after the electronics retailer…
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21 February
Strong Walmart sales boosted by omnichannel model in Q4
Walmart has reported strong fourth quarter results, as revenues grew by 5.7% to $173.4bn (£137bn) over the holiday quarter. Its…
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21 February
Aldi to create 5,500 jobs in 2024
Aldi, Britain’s fourth largest supermarket, has revealed that it plans to create 5,500 new jobs across the course of 2024.…
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21 February
Angling Direct sees group revenues rise to £81.7m
Fishing tackle retailer Angling Direct has reported a 10.2% increase in revenue to £81.7m for the year ended 31 January…
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20 February
Today’s news in brief-20/2/24
Julian Dunkerton is reportedly in discussions with US investor Davidson Kempner regarding a potential deal to take the company private.…
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20 February
The Body Shop to reduce store estate by almost half as part of restructuring
FRP Advisory has announced that it expects keep “more than half” of the The Body Shop’s 198 store open at…
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