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 -19 December
Whirli launches customer refund programme
Toy subscription service, Whirli, has launched a customer refund programme in a bid to “underline its commitment to customer satisfaction”. …
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19 December
Superdry issues FY24 profit warning amid mild weather
Superdry has warned on profits for the 26-week period ended 28 October, attributing a 13% year-on-year drop in sales to…
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19 December
Revolution Beauty appoints North American chief
Revolution Beauty has announced the appointment of Erin Cast as president of North America. Based in New York, she will…
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19 December
Farfetch acquired by Coupang in $500m rescue deal
South Korean ecommerce group Coupang has agreed to acquire Farfetch, which had been seeking a rescue deal in recent weeks,…
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19 December
Asda opens 81 Express stores ahead of Christmas
Asda has opened a record 81 new Asda Express stores in December in a bid to bring Asda value to…
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18 December
Aldi creates national real estate team amid growth plans
Aldi has created a new national real estate team as it looks to deliver its plan to open 500 new…
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18 December
Today’s news in brief-18/12/23
Farfetch is reportedly in advanced talks with a private equity-backed buyer for a last-minute rescue deal. The deal, if successful,…
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18 December
Lush expects to invest almost £11m in stores ahead of New Year
Lush has committed to a projected spend of £10.6m in its UK portfolio of shops ahead of the New Year…
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18 December
Farfetch seeks last-minute rescue deal
Farfetch is reportedly looking to secure a last-minute rescue deal with a private equity-backed buyer, according to The Sunday Times. …
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18 December
Boots to launch AI ‘personal shopper’
Boots has plans to launch a ChatGPT ‘personal shopper’ tool for its website with the aim of boosting online sales,…
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