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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Nov- 2024 -21 November
Morrisons set to close Rathbones bakery, 400 jobs at risk
Morrisons is preparing to close down its Rathbones bakery in a move that could put almost 400 jobs at risk,…
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21 November
JD Sports to hit low end of guidance amid ‘volatile’ October
JD Sports has said it expects its full-year profits to hit the lower end of its £955m to £1.035bn guidance,…
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20 November
Today’s news in brief-20/11/24
Ted Baker has re-entered the online retail scene with a UK-exclusive ecommerce platform following its financial collapse earlier this year.…
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20 November
Deliveroo partners with Hurr to deliver rental designer dresses
Deliveroo has announced a new partnership with resale fashion marketplace Hurr to bring rental designer dresses to customers. The new…
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20 November
Ted Baker relaunches UK website
Ted Baker has relaunched its ecommerce website under its new operator in the UK following its collapse earlier this year.…
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20 November
Energy bills push inflation to 2.3% in October
The rising cost of energy has pushed inflation up to 2.3% in October, above consensus forecasts of 2.2%, according to…
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20 November
Ann Summers receives £5m cash injection from owners
Ann Summers had reportedly received a cash injection from its owners, the Gold family, with the aim of mitigating its…
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20 November
Dunelm enters Irish market with Home Focus acquisition
Dunelm has acquired Home Focus, a soft furnishings retailer which trades from 13 stores across the Republic of Ireland, for…
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20 November
The Body Shop appoints new CMO and CFO
The Body Shop has announced the appointments of Penny Brook and Sally Dowling as its new chief marketing officer and…
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20 November
Mytheresa Q1 losses rise 122% to £25m despite improved sales
Mytheresa’s operating loss increased by 122% to €30m (£25m) despite an increase in sales during the first quarter of FY25.…
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