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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Apr- 2023 -5 April
Topps Tiles revenues hit ‘record’ high in H1
Topps Tiles has welcomed a period of “record” revenues for the group in the first half of the year, with…
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5 April
Co-op profits hit £247m but warns on future impact of inflation
Co-op has seen its revenues surge £300m to £11.5bn, up from £11.2bn, for the year ended 31 December 2022. Alongside…
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5 April
Apparel Brands acquires streetwear label Nicce
Apparel Brands Ltd has acquired East London-based streetwear brand Nicce. It will take on the licence for Nicce clothing across…
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5 April
Apple to cut corporate retail jobs
Apple is reportedly set to axe a “very small” number of roles within its corporate retail teams in a bid…
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5 April
N Brown appoints former Hobbs CEO to board
N Brown Group has recently confirmed the appointment of Meg Lustman as an independent non-executive director. Lustman, who is a…
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4 April
Supermarket till value sales rise to 11.5% in March
As food inflation in March soared to 15%1, total till value sales rose to 11.5% in the last four weeks…
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4 April
Varley opens first European store on King’s Road
Athleisure brand Varley is set to open its first ever European store this summer, with a new flagship site on…
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4 April
Body Shop owner sells Aesop to L’Oreal for £2bn
Owner of The Body Shop Natura and Co has announced that it has sold Aesop to L’Oreal in a £2bn…
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4 April
Authentic Brands to acquire Boardriders
Global brand development Authentic Brands Group has made a binding offer to acquire Boardriders, a global action sports and lifestyle…
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4 April
Asda appoints CBRE to help open 300 stores by 2026
Asda has appointed global real estate advisor CBRE to help with its nationwide store expansion programme. Last October, the retailer…
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