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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Jan- 2025 -13 January
Poundland invests in security enhancements
Poundland has announced that it has invested “significantly” in its shop floor security as part of its Against Retail Crime…
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13 January
Asda axes regional manager roles in latest restructuring
Asda’s new chairman, Allan Leighton, has reportedly told staff that multiple regional manager roles will be axed in a bid…
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10 January
Today’s news in brief-10/1/25
Shein is reportedly planning a London IPO by mid-2025, with Easter 20 April as a possible completion date if regulatory…
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10 January
Silverburn shopping destination reaches ‘record-breaking’ footfall in 2024
Silverburn, Glasgow’s leading retail and leisure destination, has announced a “record-breaking year”, welcoming 15.2 million visitors in 2024, marking a…
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10 January
Uniqlo’s owner revenues rise 10% to £4.6bn in Q1
Fast Retailing, the owner of Uniqlo, has reported a 10.4% revenue increase to 895.1bn yen (£4.6bn) during the three months…
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10 January
Future Stores appoints its first sales director
Future Stores has announced the appointment of Oliver Murray as its first sales director. Murray has over 20 years of…
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10 January
US retailer Macy’s to shutter 66 department stores
US department store group Macy’s has confirmed this week the closure of 66 of its non-go-forward store locations. News of…
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10 January
Sainsbury’s to raise staff pay after Christmas sales increase
Sainsbury’s has announced that it is set to increase staff pay after it saw its sales rise 3.7% for the…
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10 January
Tala appoints Jon Wetherell as new creative director
The fast-growth, active inspired brand Tala is delighted to announce the appointment of Jon Wetherell as creative director. Previously creative…
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10 January
Shein’s London IPO to happen by mid-year
Shein is reportedly planning to list in London in the first half of the year, according to sources that have…
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