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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Jan- 2024 -5 January
Today’s news in brief-5/1/24
Asda and Usdaw have signed a collective bargaining agreement, enabling the union to represent hourly-paid employees in convenience stores and…
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5 January
Tesco and The Entertainer announce extended partnership
Tesco and The Entertainer have recently announced they are extending their partnership to cover the entire Tesco UK business, and…
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5 January
Northern Ireland records investment volumes of £338m, CBRE finds
Northern Ireland’s commercial investment sector held steady in 2023 despite economic challenges, recording total investment volumes of £338m, CBRE NI…
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5 January
Next boss warns of stock delays due to Red Sea attacks
Next chief executive Lord Simon Wolfson has warned of stock delays as a result of the attacks on cargo ships…
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5 January
Ann Summers secures £8m funding to bolster growth
British retailer Ann Summers has secured £8m in asset-based funding from Secure Trust Bank Commercial Finance, Retail Week has revealed.…
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5 January
Boots Q1 driven by record-breaking Black Friday
Boots has revealed it delivered a strong performance in its first quarter of the year, ended 30 November 2023, as…
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5 January
Asda and Usdaw sign collective bargaining agreement
Asda and Usdaw have signed a collective bargaining agreement that will see the union represent hourly-paid employees in the convenience…
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5 January
Zalando direct-to-consumer VP steps down
Carsten Keller, Zalando’s direct-to-consumer vice-president and CEO and founder of the group’s Connected Retail division, has decided to leave the…
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5 January
Sainsbury’s invests £200m to raise wages by 9%
Sainsbury’s will be investing £200m to increase colleague pay to £12 per hour – £13.15 in London – from March. …
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4 January
Today’s news in brief-4/1/24
UK retail footfall rose by 6.1% in December driven by a festive shopping surge. Shopping centres led with an 11.1%…
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