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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Sep- 2024 -26 September
Co-op turns to AI to combat rise in crime
Co-op will use artificial intelligence to combat theft offenders following a spike in crimes, The Guardian has revealed. According to…
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26 September
Poundland owner sales fall amid supply chain disruptions
Poundland owner Pepco Group has reported that like-for-like revenues fell 3.1% during the fourth quarter, as a result of ongoing…
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26 September
Laurent Marteau steps down as L’Occitane CEO
Premium beauty and wellness brand The L’Occitane Group has announced that Laurent Marteau has stepped down from his roles as…
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26 September
Morrisons signs £370m property deal in bid to shrink debt
Morrisons has reportedly signed a £370m deal with the aim of using its property portfolio to shrink its debt pile.According…
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25 September
Today’s news in brief-25/9/24
Asos, facing significant financial challenges, has initiated consultations to potentially cut over 200 jobs at its head office. The move…
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25 September
Space NK to open new shop at centre:mk
Beauty retailer Space NK is set to open a new store at shopping destination centre:mk in Milton Keynes. Set to…
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25 September
Asos to axe more than 200 head office jobs
Asos could reportedly axe over 200 jobs at its head office as it mulls a restructuring amid recent heavy losses…
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25 September
Boots partners with Just Eat for beauty and healthcare deliveries
Just Eat has announced a new partnership with Boots to deliver on-demand beauty and healthcare products. The announcement marks the…
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25 September
Co-op returns to profit in H1 despite rise in shoplifting
Co-op has returned to profit in its half-year results, posting a pre-tax profit of £58m for the half year ended…
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25 September
DFS swings to £1.7m loss amid Red Sea stock delays
DFS has reported a loss before tax of £1.7m for the year ended 30 June due to “record” low market…
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