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 -4 October
Today’s news in brief-04/10/23
Aurelius Group, the parent company of Lloyds Pharmacy, has reportedly emerged as a contender in the race to acquire The…
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4 October
JD opens flagship store at Ashley Centre
CBRE Investment Management has announced the opening of JD’s 4,453 sq ft regional flagship at the Ashley Centre, Epsom. Located…
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4 October
Borough Yards bolsters beauty offering with two new arrivals
The retail and leisure district in London, Borough Yards, has announced the arrival of Ted Baker-owned barbers Ted’s Grooming room…
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4 October
Tesco raises forecast amid strong H1
Tesco has reported adjusted operating profits of £1.3bn in the UK, an increase of 17.2%, as like-for-like sales across the…
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4 October
Wilko store deals at risk as new owners renegotiate leases
The proposed rescue deals for over 100 Wilko stores could reportedly be at risk as the new owners try to…
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4 October
Lloyds Pharmacy owner joins bidders for The Body Shop
The owner of Lloyds Pharmacy, Aurelius Group, is among the latest bidders to buy cosmetics chain The Body Shop, according…
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4 October
Superdry agrees to sell South Asian IP for £40m
Superdry has announced that it has agreed a deal to sell its South Asian IP to Reliance Brands Holding UK…
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4 October
Fenwick unveils £40m renovation plan for Newcastle flagship store
Fenwick has reportedly revealed plans for a £40m investment to renovate the facade of its Newcastle flagship store, according to…
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4 October
Topps Tiles welcomes record turnover for third consecutive year
Topps Tiles has seen revenues hit £263m in FY23, marking the third consecutive year of record turnover for the group,…
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3 October
Today’s news in brief-3/10/23
Next announced the retirement of its CFO, Amanda James, after 28 years of service. This transition is aligned with James’…
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