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- 2024 -28 October
Amazon grocery boss to step down
Amazon grocery boss Tony Hoggett has revealed that he is set to step down from his position at the company…
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28 October
Lidl to open 10 new stores before Christmas
Lidl is accelerating its national expansion with the opening of 10 new stores before Christmas. From Berwick Green in Bristol…
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28 October
Mike Ashley ‘ready’ to assume CEO role at Boohoo
Mike Ashley, the founder of Frasers Group, is reportedly “all in” to take up the post of CEO at Boohoo…
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28 October
M&S adds self checkouts to changing rooms
Marks and Spencer is set to add self checkouts to its changing rooms across 180 clothing stores in order to…
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25 October
Today’s news in brief-25/10/24
Boohoo has countered Frasers Group’s claims of “stone-walling” regarding the latter’s push to install Mike Ashley as Boohoo’s CEO. In…
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25 October
Strathberry relocates store to Covent Garden
Strathberry, the Edinburgh-based brand specialising in luxury leather goods, has relocated its store within Covent Garden’s historic Market Building. Capitalising…
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25 October
Frasers Group opens 70,000 sq. ft Flannels Leeds flagship
Frasers has opened a new store in Leeds marking its sixth ‘flagship’ store with additional locations in London, Leicester, Liverpool,…
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25 October
UK consumer confidence falters ahead of budget
UK consumer confidence has dropped to -21 in October, according to GfK’s long-running index. The survey revealed that out of…
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25 October
Bestway Retail strengthens leadership team with three new hires
Bestway Retail, independent food and drink wholesaler which operates Best-one, Costcutter, Bargain Booze and Wine Rack, has announced three senior…
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25 October
Vinted eyes expansion beyond clothes amid €340m secondary share sale
Vinted has closed a secondary share sale of €340m (£283.5m) at a valuation of €5bn (£4.17bn) and is now looking…
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