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.
-
Feb- 2024 -23 February
The Co-op opens new local franchise store in Sussex
The Co-op has opened a new store on Eastbourne Road, in Uckfield, which brings into use surplus space in the…
Read More » -
23 February
Mother’s Day spend to hit £1.7bn despite shoppers trading down
UK shoppers are set to spend £1.7bn on Mother’s Day this year, a 1.1% increase on 2023, as over half…
Read More » -
23 February
Shein eyes Boohoo suppliers for UK expansion
Shein has reportedly begun the process of onboarding a number of Boohoo suppliers as it ramps up its UK expansion,…
Read More » -
23 February
Sports Direct opens new flagship store in Cardiff
Sports Direct has today (23 February) opened its fourth flagship store in Cardiff, Wales, marking the launch of their new…
Read More » -
23 February
Gymshark FY23 PBT halves despite healthy sales
Gymshark has revealed that sales rose 15% to £556m in 2023, despite posting a pre-tax profits fall from £27.8m to…
Read More » -
23 February
Zara owner expands budget brand Lefties in bid to rival Shein
Zara owner Inditex is reportedly expanding its low-priced, Gen Z-focused brand Lefties in a bid to be competitive against fast…
Read More » -
23 February
Consumer confidence falls in February
UK consumer confidence dropped two points in February to -21, according to GfK’s long-running index. The survey revealed that four…
Read More » -
22 February
Today’s news in brief-22/2/24
Taxpayers are expected to cover millions in redundancy payments for laid-off staff at The Body Shop as the company undergoes…
Read More » -
22 February
Asos appoints new executive VP of digital product
Asos has appointed Anthony Ben Sadoun as the new executive vice president of digital product. According to Drapers, he will…
Read More » -
22 February
Yoox Net-A-Porter launches virtual try-on pilot
Yoox Net-A-Porter has launched its inaugural virtual try-on pilot in a bid to continue to elevate its online shopping experiences. …
Read More »
