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 -20 July
Amazon announces new £450m delivery centre in Stockton-on-Tees
Amazon has announced plans to open a new £450m fulfilment centre in Stockton-on-Tees, County Durham. The 464,000 sq ft fulfilment…
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20 July
Dunelm ups FY guidance after strong final quarter
Dunelm has seen full-year revenues rise by 6% to £1.64bn, after a period of “robust” growth in its final quarter,…
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20 July
Asda cuts prices on more than 200 products
Asda has announced price cuts on more than 200 own-label products as part of its ongoing support to help families…
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19 July
Red Run to open flagship store at Liverpool One
Women’s active streetwear brand, Red Run, is set to open its flagship store at Liverpool One this autumn. Trading from…
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19 July
Small businesses to be offered rent-free stores on Oxford Street
Westminster City Council has partnered with New West End Company to launch a new programme called Meanwhile On: Oxford Street,…
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19 July
Looking Sharp: fashion reseller saves £320K in three months with Inventory Planner
Key facts Multichannel footwear and clothing reseller, Sharp Attire – founded in 2015, with a Shopify-powered webstore and significant Amazon…
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19 July
Profit warnings from FTSE retailers fall in H1
FTSE retailers have issued only 10 profit warnings for the first half of 2023, marking a fall from the 16…
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19 July
Gucci CEO Marco Bizzarri to step down
Marco Bizzarri, president and CEO of Gucci since 2015 and a member of Kering’s executive committee since 2012, is set…
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19 July
Second Amazon warehouse joins strike
Amazon workers from a second warehouse are set to walk out after the GMB Union announced the outcome of a…
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19 July
Inflation falls faster than expected in June
The rate of price rises has fallen to 7.9% in June, down from 8.7% in May, according to the latest…
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