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 -21 November
Iconix acquires streetwear brand Hoodrich
Brand management company Iconix International Inc. has acquired majority ownership of British streetwear brand, Hoodrich, in partnership with founder Jay…
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21 November
M&S granted Judicial Review over Marble Arch redevelopment
M&S has received permission from the High Court to apply for Judicial Review for the redevelopment of the retailer’s Marble…
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20 November
Today’s news in brief-20/11/23
Van hire firm Redde Northgate has reportedly approached Halfords with a proposed £1.3bn merger deal, indicating a nil-premium merger. Talks…
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20 November
Under Armour to debut location at The O2
Sports apparel brand Under Armour will be making its London outlet debut at the The O2 in early December. Under…
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20 November
Co-op reopens Stornoway store following renovation project
Co-op has relaunched its Stornoway store on MacAulay Road, following a multi-million-pound renovation project. The near 22,000 sq ft store,…
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20 November
Van firm eyes Halfords for £1.3bn merger
Halfords has reportedly been approached by van hire firm Redde Northgate about a possible £1.3bn merger deal, according to The…
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20 November
Walgreens to offload Boots pension scheme
Walgreens is set to pay £1bn to offload responsibility for Boots pension scheme, The Sunday Times has reported. It is…
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20 November
Music Magpie in talks over potential sale
The board of Music Magpie has confirmed that it is in preliminary talks with BT Group plc and Aurelius Group…
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20 November
Fortnum and Mason boss urges gov to scrap tourist tax
Fortnum and Mason boss Tom Athron has urged the government to scrap the tourist tax or risk businesses losing sales…
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20 November
Go Outdoors revenues halve as operating costs bite
Go Outdoors profits almost halved from £21.5m to £13m for the year ending 28 January 2023. The retailer of outdoor…
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