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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Sep- 2024 -30 September
Boohoo considers break-up of business
Boohoo bosses are reportedly mulling a break-up of the company after shareholders have pressured the group to revive the business.…
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30 September
Lookfantastic unveils first permanent store in Greater Manchester
THG-owned beauty retailer Lookfantastic has opened its first ever concept store in Greater Manchester. The new store features over 90…
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30 September
M&S eyes new Midlands warehouse amid spike in online sales
M&S is looking to open a giant new warehouse in the Midlands as a way to prepare for the exponential…
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27 September
Today’s news in brief-27/9/24
Amazon’s UK division has resumed paying corporation tax for the first time since 2020, ending a period of tax credits…
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27 September
Ebay launches new handbag consignment selling service
Ebay UK has announced the launch of its new consignment service for luxury items, giving users direct access to expert…
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27 September
Castore expands retail footprint with Braehead Shopping Centre store
British sportswear brand Castore has announced it is set to expand its retail portfolio with a new store at Braehead…
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27 September
Morrisons Q3 sales jump 2.1% to £3.9bn
Morrisons has announced that its total sales excluding fuel rose 2.1% to £3.9bn for the three months ended 28 July…
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27 September
Amazon UK pays corporation tax for first time since 2020
Amazon’s main UK division has paid corporation tax for the first time since 2020 following the end of a ‘super-deduction’…
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27 September
Wacoal Europe acquires Bravissimo
Bravissimo has been acquired by Wacoal Europe, a lingerie and swimwear manufacturer, for an undisclosed amount. Wacoal owns brands Freya,…
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27 September
Tesco expands partnership with The Trade Desk
Tesco has extended its partnership with The Trade Desk to give advertisers direct access to its Clubcard data. The extended…
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