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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Nov- 2022 -28 November
Primark to invest £140m in UK stores over next two years
Primark has unveiled plans to invest £140m over the next two years in its UK store estate. This will include…
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25 November
Frasers group acquires Savile Row tailor
Sports Direct owner Frasers group has reportedly struck a deal to acquire historic Savile Row tailor Gieves and Hawkes. According…
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25 November
ScS hails resilient trading despite challenging conditions
Furniture retailer ScS has said it is “encouraged” by a period of “resilient trading” despite facing challenging economic conditions. In…
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25 November
Amazon workers to strike across globe this Black Friday
Amazon workers from over 30 different countries are set to strike today (25 November) on Black Friday, one of the…
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25 November
Waitrose appoints customer director
Waitrose has announced that Nathan Ansell has been appointed as its new customer director, reporting to executive director, James Bailey.…
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25 November
Pepco Group appoints former CEO as chairman
Pepco Group, the parent company of variety discount retailer Poundland in the UK, has announced the appointment of Andy Bond…
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24 November
Mothercare appoints new CEO as profit and sales stall
Babywear retailer Mothercare has announced the appointment of Daniel Le Vesconte as group CEO as it revealed a period of…
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24 November
Made.com to repay 2% of £187m owed at time of collapse
Made.com collapsed into administration owing a total of £186.6m to unsecured creditors and is set to repay less than 2%…
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24 November
Kingfisher lowers upper end of FY guidance
Home improvement retailer Kingfisher has lowered its upper guidance for its FY 22/23 pre-tax profit range despite seeing an increase…
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24 November
54% of consumers plan to stick to spending this Christmas, study finds
Some 54% of UK consumers are Christmas “enthusiasts” and will not change their Christmas plans despite economic challenges, according to…
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