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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May- 2023 -18 May
TK Maxx owner ups full-year guidance as Q1 margins rise
The TJX Companies, the company that owns TK Maxx, has raised its full-year guidance after its first quarter trading was…
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17 May
Tesco cuts price of pasta and cooking oil
Tesco has unveiled further price cuts for a number of store cupboard essentials in a bid to support customers during…
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17 May
Selfridges launches circular experience pop-up
Department store Selfridges has recently launched The Stock Market at the Corner Shop, a month-long circular experience where customers can…
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17 May
One4all partners with Asos and Secret Sales
Multi-store gift card, One4all, has announced two new partnerships with global fashion retailer Asos and premium ecommerce marketplace, Secret Sales. …
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17 May
Nirvana Brands acquires Lovely Distribution Company
Nirvana Brands Limited, a distributor of luxury beauty products, has announced the acquisition of Lovely Distribution Company, the owner and…
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17 May
Castore considers further expansion in Europe
Sportswear brands Castore is planning to expand in Europe following further sports partnerships, Retail Week has revealed. The brand backed…
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17 May
JD Sports profits set to top £1bn
JD Sports has announced that its profits for 2023-24 are expected to top £1bn after posting a profit before tax…
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17 May
John Lewis offers paid leave to foster carers
The John Lewis Partnership has announced that it will offer additional paid leave to all new foster carers within its…
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17 May
Harrods boss calls for return of VAT-free shopping for overseas visitors
The managing director of Harrods, Michael Ward, has called on the government to rethink its removal of VAT-free shopping for…
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17 May
Watches of Switzerland revenues hit £1.5bn in FY23
Watches of Switzerland has revealed that the group’s revenues reached £1.5bn for the year ending 30 April, as its UK…
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