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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Aug- 2023 -22 August
Cake Box like-for-like sales rise 6.8%
Cake Box’s franchisee stores reported a like-for-like sales increase of 6.8% for the first 17 weeks of FY24 ended 31…
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22 August
Gap creative director steps down
Gap global creative director Len Peltier has stepped down from his role in July, Drapers has revealed. Peltier, who held…
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21 August
Søstrene Grene to open in Victoria Place Woking
Danish homeware retailer Søstrene Grene is set to open a new store in Victoria Place in Woking, as part of…
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21 August
Tesco becomes first retailer to cover period pant VAT
Tesco has reportedly become the first retailer to cover the cost of VAT on its period pant offering as part…
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21 August
M&S tech boss to leave despite recent promotion
M&S chief digital and technology officer Jeremy Pee is set to leave the company despite the fact his role was…
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21 August
Marquee Brands launches licensing agreement with BSI Apparel
Global contemporary menswear brand Ben Sherman has announced a new licensing agreement with BSI Apparel Limited, a subsidiary of Crew…
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21 August
TK Maxx owner ups profit guidance amid Q2 sales boost
The UK arm of TJX Companies, TK Maxx, has raised its profit guidance for the full-year following a 8% year-on-year…
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21 August
Waitrose and John Lewis offers free coffee to police to combat shop thefts
Waitrose and John Lewis is reportedly offering free hot drinks and discounted food to on-duty police officers who visit its…
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18 August
Armagh’s The Mall to undergo refurb under new management
The Mall Shopping Centre in the centre of Armagh centre, Northern Ireland, will undergo a refurbishment following its acquisition by…
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18 August
Poor weather drags down retail sales 1.2% in July
Retail sales volumes are estimated to have fallen by 1.2% in July 2023 following a rise of 0.6% in June…
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