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 -22 October
Ocado eyes former Microsoft exec for chairman role
Ocado Group reportedly has plans to recruit former Microsoft executive, Adam Warby, as its next chairman to replace Rick Haythornthwaite,…
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22 October
Halfords sales flat in H1 as consumers remain cautious
Halfords has reported broadly flat revenues in the first half of FY25, with group sales down by 0.1% as consumers…
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22 October
Sosandar HY losses narrow to £0.7m
Women’s fashion brand Sosandar has revealed that its losses narrowed to £0.7m, from a loss of £1.3m, for the six-month…
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21 October
Today’s news in brief-21/10/24
Frasers Group has agreed to sell its 20.3% stake in N Brown for £191m to Falcon 24 Topco Limited, owned…
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21 October
Reiss opens new store at Gloucester Quays
Fashion brand Reiss has opened a new store at Gloucester Quays, its first-ever in the city and only outlet in…
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21 October
UK serial returners to drive £6.6bn in online returns in 2024
The retail sector is currently seeing a surge in the number of ‘serial returns’, with an estimated £6.6bn of online…
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21 October
WHSmith stores to sell vinyl records for first time in 30 years
WHSmith has revealed it is to start selling vinyl records in 80 of its high street stores across the UK…
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21 October
Bruno Cucinelli revenues hit €920m
Bruno Cucinelli has revealed that its revenues have hit €920.2m (£767m) for the nine months ended 30 September 2024, an…
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21 October
Retail Trust launches training to help shop staff combat rising abuse
The Retail Trust is set to launch free training for shop workers next month to help them combat an “expected…
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21 October
Frasers backs N Brown takeover deal amid Mulberry plans
Frasers Group has confirmed that it backs the takeover deal of N Brown by the Alliance family and has agreed…
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