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 -29 February
Footasylum revenue jumps 7% to £320m in FY23
Footasylum has announced that its total revenue was up 7% to £320m for the financial year which ended 27 January…
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28 February
Getir donates £30k to charity through Nisa partnership
Getir has donated £30,000 to London’s Community Kitchen (LCK) thanks to its long-standing partnership with Nisa. Getir began stocking Co-op…
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28 February
Today’s news in brief-28/2/24
Shein is reportedly contemplating shifting its Initial Public Offering (IPO) from New York to London amidst anticipated regulatory hurdles in…
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28 February
Jollyes acquired by TDR Capital
Jollyes has been acquired by TDR Capital from previous owners Kester Capital, for what Kester calls a 4.2x return on…
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28 February
BP pilots made-to-order food at 10 Wild Bean Cafes
BP will be piloting a “new and improved” ‘fresh food for now’ offer that customers can personalise at 10 of…
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28 February
N Brown receives SBT approval
N Brown Group has announced that its near-term science-based targets to reduce greenhouse gas (GHG) emissions have been approved by…
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28 February
Shein mulls London IPO amid resistance to New York listing
Shein is reportedly considering the possibility of switching its initial public offering to London from New York in what could…
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28 February
Very Group secures £125m funding package amid £2m loss
The Very Group has announced it will receive a £125m funding package from investment firms Carlyle and IMI to support…
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28 February
UK’s largest retailers ‘greener but less focused on DE&I’, study finds
The UK’s largest retailers are stepping up their efforts to become greener but losing focus on diversity and inclusion initiatives…
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28 February
Halfords issues profit warning as core markets weaken
Halfords has announced that it now expects its full year PBT to be in the range of £35-40m, down from…
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