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.
-
Jan- 2024 -8 January
£90m Oxford Street revamp project to begin in autumn
Westminster City Council has greenlit the £90m renovation of Oxford Street and has set to move the programme forward with…
Read More » -
8 January
Sandersons sales grow 5% to £7m in 2023
Sandersons Boutique Department Stores has reported a 5% retail sales growth in 2023 across the company’s three bricks and mortar…
Read More » -
8 January
iSmash eyes sale amid growing losses
iSmash is reportedly exploring a possible sale of the business after its auditors warned of a “material uncertainty” over its…
Read More » -
8 January
Matalan invests £35m to lower prices
Matalan has announced that it has invested £35m to cut prices on over 700 products amid the ongoing cost of…
Read More » -
8 January
120,000 retail jobs lost in 2023
Almost 120,000 retail employees lost their jobs in 2023 after more than 10,000 shops shuttered over the year, according to…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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.…
Read More »
