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 -4 October
Shein to hold informal talks with investors ahead of possible London float
Shein is reportedly set to hold informal talks with potential investors in the coming weeks regarding its much anticipated London…
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4 October
Watches of Switzerland acquires Hodinkee
The Watches of Switzerland Group has announced the acquisition of Hodinkee, a US digital content provider for watch enthusiasts. With…
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3 October
Today’s news in brief-3/10/24
Tesco has reported a robust first half of the financial year, marked by increased sales and profits, prompting an upward…
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3 October
Miniso opens first Miniso-Go store in Paddington
Miniso has today (3 October) opened the doors to its very first Miniso-Go store in the UK in Paddington, London. …
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3 October
Topps Tiles sales dip 5.7% in Q4
Topps Tiles has seen a 5.7% decline in group sales to £248m for the 52-week period ended 28 September 2024.…
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3 October
M&S launches recruitment drive to fill 11,000 Christmas roles
Marks and Spencer has announced it will be recruiting over 11,000 new customer assistants to support in stores across the…
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3 October
British Land acquires seven retail parks for £441m
British Land has acquired a portfolio of seven retail parks for £441m, as well as announced a proposed equity placing…
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3 October
Sainsbury’s chief calls for Budget action on consumer confidence
Sainsbury’s boss Simon Roberts has called on the government to introduce measures to improve consumer confidence in the Budget this…
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3 October
Tesco ups FY guidance as sales and profits rise in H1
Tesco has upped its full-year guidance after a period of “strong momentum” and rising profits in its half-year results, with…
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2 October
Today’s news in brief-2/10/24
Shop prices fell by 0.6% in September, marking the lowest annual growth since August 2021. Non-food items saw deflation deepen…
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