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 -8 March
Today’s news in brief-8/3/24
Superdry has partnered with restructuring firm Teneo to explore cost-saving measures amid financial struggles. With a reported revenue decline of…
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8 March
Majestic opens latest small-format store in Marlow
Majestic has opened the doors to its newest small-format store in Marlow ahead of the four-day Easter weekend. The 2,200…
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8 March
M&S expands Nobody’s Child presence to 60 stores
M&S has announced it will welcome fashion brand Nobody’s Child to 48 more stores across the UK from March, bringing…
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8 March
Frasers Group puts Matches into administration
Frasers Group has announced that it has put Matches into administration just two months after acquiring the business. Frasers stated…
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8 March
Abercrombie and Fitch sales hit $4.3bn in FY23
Abercrombie and Fitch has reported net sales of $4.3bn (£3.4bn) for the full-year ending 3 February, up 16% as compared…
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8 March
Deliveroo expands Screwfix partnership to 15 locations
Deliveroo has reportedly expanded its Screwfix partnership to 15 locations since its launch, according to Retail Week. The news comes…
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8 March
Foot Locker net losses widen to £300m in Q4
Foot Locker has reported a net loss of $389m (£304.8m) for the fourth quarter ended 3 February 2024, one year…
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8 March
Superdry appoints restructuring firm to explore cost-saving options
Superdry has drafted in advisers from restructuring firm Teneo in a bid to explore cost-saving options, Drapers has reported. The retailer…
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7 March
Today’s news in brief-7/3/24
The British Retail Consortium (BRC) criticised Chancellor Jeremy Hunt’s Spring Budget, stating that it lacked initiatives to boost investment and…
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7 March
Charity Super.Mkt to open debut outlet store at Gloucester Quays
Charity Super.Mkt, the UK’s first-ever multi-charity shop, is set to open its next pop-up at urban outlet Gloucester Quays. The…
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