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 -15 November
Aurelius acquires The Body Shop for £207m
The Body Shop has been acquired by Aurelius Group from Natura and Co for £207m, which includes an earn-out of…
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14 November
Today’s news in brief
Next has defended its chair, Michael Roney, after more than 20% of shareholders voted against his re-election at the annual…
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14 November
Phase Eight and Hobbs open upsized store at Merry Hill
Sovereign Centros has announced that premium womenswear brands, Phase Eight and Hobbs, have opened at Merry Hill, one of the…
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14 November
Lidl reduced food waste by 43% since 2016, report finds
Lidl has reduced its food waste by almost half (43%) since 2016, according to the retailer’s fourth ‘Good Food’ report,…
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14 November
Dr. Martens appoints Giles Wilson as CFO
Dr. Martens plc has announced that Giles Wilson has been appointed to the role of chief financial officer (CFO). Wilson…
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14 November
Sainsbury’s, M&S and Currys call for business rates freeze
Supermarket retailers such as Sainsbury’s, M&S and Currys have urged the chancellor to freeze business rates for all retail businesses…
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14 November
Avon to open its first UK physical stores
Avon has announced that it is set to open physical stores in the UK for the first time in its…
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14 November
Next defends chair following shareholder rebellion
Next has defended its chair, Michael Roney, after more than 20% of shareholders voted against his re-election at the company’s…
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14 November
Hammerson considers sale of Bicester Village-owner stake
Britain’s biggest shopping centre owner, Hammerson, is in talks to sell its stake in Bicester Village-owner for about £1bn, Sky…
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14 November
Revolution Beauty raises FY23 guidance as profits rise
Revolution Beauty has raised its profit guidance for the financial year as it has revealed a pre-tax profit of £400k,…
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