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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Jul- 2023 -28 July
Large House of Fraser stores to be kept ‘under review’
Frasers could reportedly close larger House of Fraser stores in the future as the group continues to reassess its department…
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28 July
UK loses 6,000 storefronts in five years
The UK high street has lost over 6,000 storefronts in the past five years as the vacancy rate increased to…
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28 July
Gap appoints new CEO
Apparel company Gap Inc. has announced the appointment of Richard Dickson as the company’s president and chief executive officer, effective…
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28 July
B&M secures three-year Bobby Arora commitment
B&M has announced that it has agreed a deal with group trading director Bobby Arora which will see him committed…
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28 July
Superdry appoints new chief operating officer
Superdry has announced the appointment of Shaun Packe as the retailer’s new chief operating officer. His appointment follows the departure…
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27 July
Authentic Brands acquires Rockport
Authentic Brands Group has acquired footwear brand Rockport, following the United States Bankruptcy Court for the District of Delaware approving…
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27 July
Ocado Solutions CEO to step down in September
Ocado Group has today (27 July) announced that Luke Jensen has notified the board of his intention to retire and…
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27 July
Amazon offers to change Marketplace rules to address CMA concerns
Amazon has offered to change the way it treats third-party sellers using its Marketplace platform in the UK, by submitting…
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27 July
Westfield sees 8.2% rental income growth in H1
Unibail-Rodamco-Westfield has reported a net rental income of €1,152m (£987m), an 8.2% like-for-like increase, during H1 2023. Shopping centres accounted…
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27 July
Retail crime soars by 35% to record levels, Co-op warns
Retail crime has soared to “record” levels, with repeat offenders and criminal gangs operating with little consequences, the Co-op Group…
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