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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Sep- 2023 -27 September
Tesco locks prices on 1,000 products until 2024
Tesco is locking the price of more than 1,000 products until 2024, as consumers continue to face the cost-of-living crisis.…
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27 September
H&M profits surge 61% as cost-saving measures bear fruit
H&M has announced that its profit after tax rose 61% to SEK 7bn (£524m) for the nine months ended 31…
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27 September
Avon to sell through limited Superdrug stores and TikTok
Avon has revealed that its traditional model of door-to-door selling is “not for everybody”, as it announced it would start…
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27 September
Geek Retreat revenues rise 36% amid strong store sales
Geek Retreat, the geek culture retailer, gaming café, community hub and events venue, has reported a “record” August with average…
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27 September
John Lewis unveils new Christmas shops
John Lewis has unveiled its Christmas shops to customers nationwide, featuring more than 1,000 decorations. The announcement comes as demand…
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26 September
Failure to reform Apprenticeship Levy cost retailers 12,000 lost apprenticeships, BRC says
Retailers could have offered 12,000 more apprenticeships over the past year if it was not for the Government’s failure to…
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26 September
Today’s news in brief-26/09/23
Frasers Group has unveiled a new Flannels store in Nottingham city centre, featuring luxury designer clothing and accessories. The 15,000…
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26 September
Frasers opens new Flannels Nottingham store
Frasers Group has opened the doors to its latest Flannels store in Nottingham city centre. Frasers said it continues with…
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26 September
Aldi to offer staff body cameras amid shoplifting rise
Aldi chief executive Giles Hurley has announced that the company will be offering staff body cameras in a bid to…
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26 September
Oliver Bonas full-year profits jump 21% to £9m
Oliver Bonas has reported a 21% pre-tax profit increase to £9m for the year ending in December 2022. Sales for…
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