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 -6 February
Hobbs to open relocated stores after closure programme
Women’s clothing brand Hobbs is set to launch new stores in more favourable locations despite a string of closures, according…
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6 February
Naked Wines appoints new CEO
Naked Wines has appointed Rodrigo Maza as its new chief executive officer designate. Maza has been the group’s UK managing…
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6 February
Retail sales slow as high cost of living enters third year
UK total retail sales increased by 1.2% year on year for the four weeks ended 27 January 2023, compared with…
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6 February
Revolution Beauty reaches settlement agreement with co-founder
Revolution Beauty has reached a settlement agreement with its former CEO and co-founder Adam Minto, following an initial announcement on…
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6 February
Asda to open 110 stores in February
Asda will open 110 Asda Express convenience stores in February – a record for a single month – to accelerate…
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5 February
Today’s news in brief-5/2/24
Authentic Brands, the owner of Ted Baker, is reportedly exploring cost-saving options after terminating its relationship with AARC, the company…
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5 February
The Lexicon to welcome three new leases
The Lexicon has announced a trio of high profile new lettings, after reporting rising footfall levels and increased consumer spending…
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5 February
Superdrug aims to enrol 500 apprentices throughout the year
Superdrug has pledged to take on a further 500 apprentices throughout 2024 in support of National Apprenticeship Week (5-11 February). …
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5 February
Morrisons stores chief steps down
Morrisons stores chief has stepped down from his role at the company after four years, The Telegraph has reported. David…
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5 February
Superdry founder in talks with investors over take-private deal
Superdry CEO and co-founder, Julian Dunkerton, is reportedly in talks with investors as he eyes a takeover deal that could…
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