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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Oct- 2023 -16 October
Today’s news in brief-16/10/23
Next has finalised the acquisition of FatFace for £115.2m, with a portion of the payment made in cash and the…
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16 October
Covent Garden welcomes 16 new retail brands in six months
Shaftesbury Capital has signed 16 new retail brands across its Covent Garden estate in the last six months, cementing the…
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16 October
Aldi to open 12 new stores before Christmas
Aldi has revealed that it plans to open 12 additional stores across the country before the end of the year. …
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16 October
Former JD boss Peter Cowgill considers retail return
Former JD boss Peter Cowgill is reportedly considering a return to retail after being approached by a private equity firm…
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16 October
Tesco petition to protect retail workers hits 10,000 signatures
A new petition calling on the Government to make violence or abuse against retail workers a standalone criminal offence has…
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16 October
M&S to recruit 10,000 Christmas roles
Marks and Spencer has announced it will be recruiting 10,000 new customer assistants to support in its stores over the…
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16 October
Ted Baker owner steps in to ease financing trouble
Ted Baker owner Authentic Brands has stepped in after the company it appointed to run its UK operations has struggled…
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16 October
Frasers ups stake in Boohoo to 15.1%
Mike Ashley’s Frasers Group has upped its stake in Boohoo to 15.1% as it continues investing in a number of…
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16 October
Next acquires FatFace for £115.2m
Next has signed terms to acquire FatFace for £115.2m, which will be partly settled in cash and by the issue…
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13 October
Today’s news in brief-13/10/23
The John Lewis Partnership has appointed Martin Gafsen as its new director of property. Gafsen, previously the interim corporate finance…
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