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 -29 November
Black Friday boosts footfall +9.3% YOY
Footfall was up +9.3% compared with 2021 across all UK retail destinations on Black Friday, according to the latest figures…
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29 November
N Brown Group CFO to step down
N Brown Group has announced that Rachel Izzard has notified the board of her intention to step down as group…
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29 November
Wilko MD steps down amid refinancing talks
Wilko has announced that its managing director Alison Hands is stepping down from her role, as she is set to…
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28 November
Retail sales plummet in November, CBI finds
Retailers saw their sales volumes plummet in the year to November, according to the CBI’s latest quarterly distributive trades survey,…
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28 November
Oxford Street to see 1m sq ft of retail spaces converted to offices
London’s Oxford Street is set to see 1.32 million sq ft of new office schemes proposed for delivery in the…
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28 November
Amazon tax bill to rise by £29m next year
Amazon’s business rates are reportedly set to rise by around £28.75m next year, as next year’s business rates are set…
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28 November
Revolution beauty announces new CEO
Multi-channel beauty company Revolution beauty has announced Bob Holt OBE as its new CEO. Holt has been interim CEO at…
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28 November
Superdry close to agreeing £70m refinancing deal
Superdry is reportedly close to agreeing a £70m deal with Elliott Advisors, a US-based hedge fund. The news comes as…
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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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