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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Mar- 2024 -4 March
M&S CEO calls for business rates and apprenticeship levy reform
M&S CEO Stuart Machin has publicly called for Chancellor Jeremy Hunt to introduce reforms to business rates and the apprenticeship…
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4 March
M&S wins Marble Arch legal battle
The High Court has ruled in favour of M&S’ redevelopment plans of its Marble Arch flagship branch, having called Michael…
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4 March
Retail records fifth consecutive month of negative sales, BDO finds
Total in-store and online sales have dropped -1.3% in February, marking the fifth consecutive month of negative sales results, according…
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4 March
Frasers rescues Wiggle from administration
Frasers Group has acquired online bicycle retailer Wiggle out of administration, The Sunday Times has reported. Frasers reportedly agreed a…
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1 March
Half of UK retail businesses losing customers due to poor delivery experience
Half of retail businesses in the UK are losing customers due to a poor delivery experience according to data from…
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1 March
The O2 delivers ‘strongest start’ of the year with 25% sales increase
The Entertainment District and Outlet Shopping at The O2 have experienced their “strongest start” to a trading year with a…
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1 March
Today’s news in brief-1/3/24
The forthcoming £90m Oxford Street Programme is poised to generate up to £2.8bn in additional sales for London’s West End…
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1 March
GOBI Cashmere appoints new CEO
GOBI Cashmere has announced the appointment of Amarsaikhan Baatarsaikhan as its new chief executive officer, effective from today (1 March). …
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1 March
Oxford Street revamp to deliver £2.8bn in sales by 2033
The upcoming £90m Oxford Street Programme is set to deliver up to £2.8bn in total additional sales to the West…
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1 March
The Body Shop to close 75 stores and cut over 400 jobs
The Body Shop will close 75 more stores across the UK in the coming weeks, with 489 jobs set to…
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