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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Dec- 2023 -14 December
Bullring & Grand Central welcomes new retail openings
Hammerson has announced a flurry of new openings at Bullring and Grand Central, the culmination of a transformational year for…
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14 December
Currys maintains FY guidance despite half-year loss
Currys has maintained its full-year guidance despite reporting a pre-tax loss of £16m in its half-year results, which was in…
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14 December
MusicMagpie revenues bolstered by Black Friday
MusicMagpie expects its full-year revenues to reach £136.6m, slightly down from £143.3m in the year prior, despite a “record” Black…
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14 December
Retailers urge government to reform Apprenticeship Levy
Three leading trade bodies and seven food retailers are calling for urgent action to reform the broken Apprenticeship Levy system…
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14 December
Farfetch in talks with Apollo over rescue deal
Farfetch has reportedly entered talks with Apollo Global Management to secure emergency funding in a bid to rescue the group.…
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13 December
Today’s news in brief-13/12/23
Walgreens Boots Alliance (WBA), the US-based parent company of Boots, is reportedly exploring an initial public offering (IPO) on the…
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13 December
Rituals becomes latest retailer to join Victoria Square
Rituals has become the latest retailer to join Victoria Square as the retail and leisure destination in Northern Ireland completes…
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13 December
Shoppers to spend over £3bn in pre-Xmas ‘panic weekend’
The 16 and 17 December, so-called the ‘panic weekend’, will see shoppers spend £3.31bn as they rush to finish their…
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13 December
Inditex sales and profits rise amid strong autumn trading
Fashion retailer Inditex, the owner of Zara, has reported an 11.1% sales increase to €25.6bn (£22bn) for its 2023 nine…
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13 December
Boots owner eyes London IPO amid revived disposal plans
Boots’ US-based parent company, Walgreens Boots Alliance, is reportedly eyeing an initial public offering (IPO) on the London Stock Exchange…
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