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 -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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14 February
Frasers ups stake in AO amid £80m share buyback programme
Frasers has upped its stake in AO World to 24.7% amid the launch of a new £80m share buyback programme.…
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14 February
Waitrose invests £30m in price cuts
Waitrose has announced that it is cutting prices by another £30m on hundreds of everyday own brand products. The price…
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14 February
Dunelm H1 sales rise 4.5% to £872m
Homeware retailer Dunelm has revealed that sales grew by 4.5% to £872m in the 26 weeks to 30 December 2023,…
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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…
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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.…
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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. Green…
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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…
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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…
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