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- 2025 -26 March
Frasers expands Sports Direct in Southeast Asia and India
Frasers Group has announced the expansion of its existing partnership with MAP Active to launch Sports Direct in five new…
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26 March
John Lewis housing development nears approval
John Lewis has submitted proposals to redevelop its former customer collection facility in Reading into a housing project, according to…
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25 March
Today’s news in brief-25/3/25
WH Smith has successfully completed a refinancing deal, securing a £200m US Private Placement and a new £120m bank term…
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25 March
Co-op launches Aldi price match pledge on over 100 products
Co-op has announced it is launching its biggest ever value campaign tomorrow (26 March), matching Aldi prices on over 100…
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25 March
AO raises full-year profit guidance amid LFL sales surge
AO has revealed that its adjusted profit-before-tax has grown in the region of 30%, and is expected to be around…
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25 March
Kingfisher profits fall 7% to £528m in FY24
Kingfisher has reported a 7% dip in profits to £528m, including £33m of one-off business rates refunds at B&Q, during…
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25 March
Morrisons to close 52 cafés and 17 convenience stores
Morrisons has announced it is set to close 52 cafés, all 18 market kitchens, 17 convenience stores, 13 florists, 35…
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25 March
THG successfully raises £90m with help from founder
THG has successfully fundraised £90m with the support from new investors and existing shareholders, including a £60m contribution from founder…
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25 March
WH Smith completes refinancing amid plans to sell high street arm
WH Smith has successfully completed a refinancing, which includes its first US Private Placement (USPP) as well as a new…
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24 March
Today’s news in brief-24/3/25
Harrods is nearing the finalisation of compensation payments for victims of sexual abuse by its former owner, Mohamed al Fayed,…
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