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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Jul- 2023 -24 July
Ocado wins £200m payout over patent battle
Ocado has won a £200m settlement from Autostore to put to an end the company’s global patent dispute. A settlement…
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21 July
Retail competition not responsible for high food inflation, CMA finds
A new report from the Competition and Markets Authority (CMA) has found that high food price inflation has not been…
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21 July
Hot weather boosts June retail sales
June retail sales beat forecasts in June, rising 0.7% compared with predictions of 0.2%, as hot weather helped encourage shoppers.…
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21 July
Marks and Spencer chief slams ‘pathetic’ Marble Arch rejection
The chief executive of Marks and Spencer has slammed the government’s decision to deny the demolition and redevelopment of its…
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21 July
THG offloads OnDemand division
THG has recently sold its OnDemand division to a Newco led by the existing OnDemand management team and funded by…
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21 July
Consumer confidence falls in July
Consumer confidence index dropped six points in July to -30 as “reality bites” resilient consumers amid rising inflation and interest…
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21 July
Wilko owners explore potential sale
The owners of Wilko are reportedly exploring a potential sale of the chain in a bid to rescue the group’s…
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20 July
Company Shop Group bolsters senior team
Company Shop Group, the UK’s leading redistributor of surplus stock, has recently bolstered its senior team with the appointment of…
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20 July
Kim Kardashian’s Skims valued at $4bn in latest funding round
Kim Kardashian’s Skims brand has reportedly raised $270m in its latest funding round which values the business at $4bn (£3bn),…
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20 July
John Lewis Fashion Rental trials new ‘Try It On’ service
John Lewis Fashion Rental has launched a new ‘Try It On’ service, a first for a UK rental site, in…
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