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 -10 October
Tesco to invest £4m of fruits and vegetables to 400 schools
Tesco is going to invest £4m in a new scheme that will give thousands of young people fruit and vegetables…
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10 October
Uniqlo owner sees profits jump 24% to £2.46bn in FY24
Uniqlo’s parent company, Fast Retailing, has revealed that full-year profits rose by 24.9% to ¥283.4bn (£2.46bn), while total group revenues…
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10 October
Amazon launches new AI-powered tools for shoppers and drivers
Amazon has unveiled new AI-powered initiatives for both shoppers and delivery drivers, including the launch of AI Shopping Guides, product…
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10 October
Asos completes Topshop sale
Online fashion retailer Asos has completed the sale of Topshop and Topman brands to a joint venture led by Heartland…
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10 October
N Brown returns to H1 profitability despite revenue fall
N Brown has posted a pre-tax profit of £200,000 for the half year ended 31 August 2024, up from a…
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10 October
Waitrose partners with Just Eat to expand delivery services
Waitrose has today (10 October) partnered with delivery network Just Eat on a multi-year deal to expand its presence in…
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9 October
Today’s news in brief-9/10/24
Shein’s UK arm reported robust financial results for 2023, with revenues climbing 38% to £1.55bn and pre-tax profits doubling to…
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9 October
Charles Tyrwhitt to open new shop in Trafford Centre
Formal menswear brand Charles Tyrwhitt is set to open a new shop in Trafford Centre in November. The new 1,776…
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9 October
Aldi invests over £30m to support dairy farming
Aldi has announced plans to invest over £30m in dairy farmers over the next three and a half years, through…
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9 October
Primark to open US flagship in Manhattan
Primark is set to open its first Manhattan store in New York City as it continues its US expansion. The…
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