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 -25 October
Boohoo refutes Frasers stone-walling claims over CEO proposal
Boohoo has responded to Frasers’ call to install Mike Ashley as CEO, rebutting claims it has “stone-walled” Frasers over discussions…
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24 October
Today’s news in brief-24/10/24
Frasers Group is pressuring Boohoo to appoint its founder Mike Ashley as CEO, criticising the current leadership’s handling of the…
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24 October
Klarna enters UK gift card market with launch of Gift Card Store
Klarna, the AI powered global payments network and shopping destination, has partnered with Blackhawk Network (BHN), a leading global branded…
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24 October
Very Group profits jump 17% amid ‘careful cost management’
The Very Group has revealed that its pre-exceptional operating profit jumped 17.1% to £218.3m for the year ended 29 June…
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24 October
Frasers calls for Boohoo to appoint Mike Ashley as CEO
Frasers Group has called on Boohoo to appoint its founder Mike Ashley as director and CEO of the struggling online…
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24 October
Dunelm sales hit £403m in Q1
Dunelm has posted a 3.5% rise in total sales to £403m for the 13-week period ended 28 September 2024. The…
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24 October
Whistles owner in advanced talks to acquire White Stuff
The Foschini Group (TFG), which owns fashion retailers Whistles and Phase Eight, is reportedly in “advanced” talks to acquire high…
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24 October
Amazon expands same-day delivery to 80 towns and cities
Amazon has announced the expansion of its same-day delivery service to 80 towns and cities, with Aberdeen, Middlesbrough, and Plymouth…
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23 October
Today’s news in brief-23/10/24
Chancellor Rachel Reeves is reportedly considering imposing higher taxes on Amazon as part of a broader effort to support British…
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23 October
LDO secures French Connection and Rituals stores
The outlet shopping destination in Wembley Park, London Designer Outlet (LDO), has announced the arrival of French Connection and Rituals. …
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