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- 2025 -30 January
BRC: Retail crime ‘out of control’ as theft losses hit record £2.2bn
The BRC has said that retail crime is “out of control” after its Annual Crime Survey figures revealed that losses…
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30 January
Asda reintroduces ‘Rollback’ price cuts
Asda has announced the return of its Rollback proposition as part of a significant investment to begin lowering prices across…
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30 January
Mulberry announces new CFO amid turnaround plan
Mulberry has announced the appointment of Billie O’Connor as its new CFO as it revealed its “Back to the Mulberry…
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29 January
Today’s news in brief-29/1/25
Lord Wolfson, CEO of Next and Conservative peer, has leveraged his House of Lords position to propose amendments phasing in…
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29 January
Caledonia Park sees 8% footfall increase in 2024
Scotland’s designer outlet village Caledonia Park experienced a “record-breaking” year thanks to an 8% increase in its footfall in 2024.…
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29 January
Lloyds Banking Group to close 136 branches in further blow to UK high street
Lloyds Banking Group is reportedly set to close another 136 of its branches as it aims to adapt to customers’…
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29 January
Quiz close to administration following AIM delisting
Embattled fashion retailer Quiz is reportedly set to appoint administrators only days after its shares were delisted from the stock…
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29 January
Frasers ups stake in THG to 4.8%
Mike Ashley’s Frasers Group has upped its stake in THG to 4.8% as it continues investing in a number of…
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29 January
Castore revenues up 16% YOY in December
Castore has revealed that its revenues grew 16% year-on-year in December, a record Christmas period for the brand. The brand…
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29 January
Next CEO uses Lords status to lodge amendments to NI bill
The CEO of Next, Lord Wolfson, has reportedly used his position in the House of Lords to table amendments aimed…
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