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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Dec- 2024 -23 December
UK retail spending rises 2.3% ahead of Christmas, Visa finds
UK retail spending over the holiday period has increased 2.3% year-on-year, according to Visa’s first-ever Retail Spend Monitor, which analysed…
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23 December
Boohoo offloads head office for £49.5m
Boohoo has completed the sale of its London office for a total of £49.5m. Located on Great Pulteney Street, Soho, the…
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23 December
UK economy heading for ‘worst of all worlds’, CBI warns
The Confederation of British Industry (CBI) has warned that the UK economy is headed for “the worst of all worlds”…
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20 December
Today’s news in brief-20/12/24
Retail sales in the UK edged up by 0.2% in November, falling short of analysts’ 0.5% forecast. The slight increase…
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20 December
Abaci selects London Designer Outlet for first UK store
Turkish womenswear retailer Abaci has chosen London Designer Outlet (LDO) for its first physical UK store after agreeing a 2-year…
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20 December
Network Rail retail sales rise 10% to £233m in Q2
Network Rail saw its total retail sales rise 10% to £233.7m for the second quarter from July to September, spelling…
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20 December
Retail sales fall short of expectations in November
Retail sales in the UK rose 0.2% in November, behind analysts expectations of 0.5%, according to data from the Office…
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20 December
FCA approves N Brown’s £191m takeover
N Brown’s board of directors has confirmed that the FCA has given the go ahead for a £191m takeover deal…
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20 December
Boohoo bans journalists from boardroom battle with Mike Ashley
Boohoo has reportedly blocked journalists from attending its boardroom showdown with Mike Ashley, following an ongoing battle over the fast-fashion…
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19 December
Today’s news in brief-19/12/24
Amazon is preparing to settle a significant group claim from delivery drivers over working conditions, potentially costing £140m. The case,…
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