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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May- 2024 -9 May
‘Era of cheap food is over’, Waitrose boss claims
James Bailey, the executive director of Waitrose has told The Telegraph the “era of cheap food is over”, as the…
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9 May
Watches of Switzerland acquires Roberto Coin
Watches of Switzerland Group has signed and completed the acquisition of the entire share capital of Roberto Coin Inc. for…
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8 May
Today’s news in brief-8/5/24
Boohoo posted widened losses of £159.9m for the full year due to challenging market conditions and a strategic focus on…
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8 May
All Good Things opens London debut store at The O2
Sustainable designer outlet store All Good Things has officially opened at Outlet Shopping at The O2, marking its London debut. …
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8 May
Castore acquires Infinity Inc
Sportswear brand Castore has finalised its acquisition of Infinity Inc, a supplier of branded merchandise, clothing and uniform based in…
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8 May
Puma Q1 performance meets expectations
Sportswear giant Puma has revealed its Q1 performance has fully met expectations with currency-adjusted sales increasing by 0.5% to €2.1bn…
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8 May
Morrisons acquires 38 Channel Islands stores
Morrisons has officially acquired 38 stores in the Channel Islands from its long-term partner, SandpiperCl. All of the acquired stores,…
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8 May
Frasers Group launches new digital infrastructure to enhance operations
Frasers Group has announced it is investing in enhancing its digital infrastructure to improve its retail operations and ecommerce experience…
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8 May
Amazon to create over 2000 jobs with new Northampton warehouse
Amazon has announced plans to build a new multi-million pound warehouse at the SEGRO Logistics Park Northampton, resulting in more…
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8 May
Boohoo losses hit £160m amid sales slump
Boohoo losses have widened to £159.9m in its full-year results, up from a previous loss of £90.7m, as revenues fell…
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