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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Jun- 2023 -13 June
THG’s Ingenuity partners with PwC to boost digital commerce
THG’s complete commerce division, Ingenuity, has formed a strategic alliance with PwC to help its brands design, build and run…
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12 June
Footfall records highest annual rise since easter despite 5.2% decline
MRI Springboard has recorded the highest rise in annual footfall since Easter with a +6.3% increase versus 2022 despite footfall…
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12 June
Lush launches Asteroid City-inspired pop-up in London
Lush has recently launched a new pop-up shop in Soho, London, to celebrate Wes Anderson’s latest film Asteroid City. In…
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12 June
Skims launches first London pop-up store
Skims has announced the opening of its first-ever European pop-up experience at the iconic Corner Shop at Selfridges London. The…
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12 June
Dreams appoints new CFO and CIO
Bed retailer Dreams has announced the appointment of Petra Kasperova as the new chief financial officer, effective from the end…
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12 June
Jollyes FY sales hit £115m
Jollyes has posted sales of £115m for the year ended 29 May 2023, up 33% from £85m for the previous…
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12 June
UK economy set to grow amid increased investment, says CBI
The economy looks to have fared better than expected in the first half of 2023, and is set to steer…
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12 June
Frasers Group acquires £75m stake in AO World
Frasers Group has announced that it has acquired an 18.9% strategic stake in AO World, a leading online electricals retailer.…
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12 June
Wilko calls in advisors ahead of rent cut talks
Wilko has reportedly appointed property advisers ahead of crunch talks with landlords as the group looks to cut rents across…
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12 June
Waitrose reveals further price cuts amid £100m investment
Waitrose has cut the prices of over 200 everyday supermarket items as part of the retailer’s £100m investment to lower…
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