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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Nov- 2023 -17 November
Amazon to begin selling cars next year
Online retail giant Amazon has announced that it is set to start selling cars online from next year. Customers in…
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17 November
UK retail sales fall by 0.3% in October
Retail sales volumes fell by 0.3% in October 2023, following a fall of 1.1% in September 2023, according to the…
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17 November
Halfords joins bid to rescue Wiggle
Halfords is reportedly among a group of retailers expressing interest in buying online sports retailer Wiggle, Sky News has reported.…
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17 November
HMV to return to iconic Oxford St flagship
HMV is set to return to its iconic Oxford Street location this month, four years after it first shuttered the…
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17 November
Next to close Bradford warehouse, 780 jobs at risk
Usdaw has entered into consultation talks with Next as the retailer plans to close a Bradford warehouse, putting 780 local…
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16 November
Today’s news in brief-16/11/23
Mars has acquired Hotel Chocolat in a £534m deal, offering a 168% premium on the share price. Mars sees cultural…
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16 November
JD upsizes store at Bullring & Grand Central
Hammerson has announced that JD has more than doubled its footprint at Bullring and Grand Central, after officially opening an…
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16 November
Burberry issues profit warning as luxury sales slow
Burberry has revealed its annual adjusted operating profits would be towards the lower end of its current consensus range of…
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16 November
Mars acquires Hotel Chocolat for £534m
Mars has agreed to a takeover of Hotel Chocolat in a deal which values the business at £534m. The cash…
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16 November
Dr. Martens appoints new chief brand officer from Apple
Dr. Martens has announced that non-executive director Ije Nwokorie will join as chief brand officer from 1 February 2024. On…
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