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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Mar- 2023 -6 March
Starbucks to open 100 new stores as revenues increase 37%
Starbucks has announced plans to open 100 new stores in the UK after its revenues increased 37% to £449m for…
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6 March
Jobs at risk as Morrisons shifts to single maintenance supplier
Morrisons is reportedly planning to part ways with at least 83 maintenance suppliers and shift to one single supplier, in…
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6 March
WHSmith to target stationary market with new Curi.o.city stores
WH Smith has reportedly revealed plans to open a souvenir and stationery store called Curi.o.city as it looks to fill…
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6 March
Retail leaders criticise business rates reform
Retail bosses from M&S, Sainsbury’s and Currys have criticised the changes made to business rates, according to This is Money. …
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3 March
Onbuy ranked as Europe’s fastest growing e-commerce business
Online marketplace OnBuy.com has been ranked as Europe’s fastest-growing e-commerce business according to the FT 1000. The annual list from…
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3 March
Ted Baker owner considers Hunter Boot bid
Owner of Ted Baker and Reebok Authentic Brands Group (ABG) is reportedly weighing up a move to acquire Hunter Boot,…
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3 March
L Catterton acquires majority stake in A.P.C
L Catterton has announced that it has acquired a controlling stake in global French clothing brand, Atelier de Production et…
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3 March
Amazon plans to abandon Gloucester distribution centre
Amazon has revealed its plan to abandon its Gloucester Centre Severn distribution centre, which the company noted had never been…
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3 March
WH Smith hit by cyber security attack
WH Smith has been hit by a large cyber security incident which has resulted in company data, including current and…
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2 March
Victorian Plumbing welcomes strong start to FY23
Victorian Plumbing has welcomed a “strong” start to the financial year, with revenues up by 10% in the five months…
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