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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Sep- 2024 -20 September
BFC launches search for CEO as Caroline Rush steps down
The British Fashion Council (BFC) has launched a search for a new CEO, having revealed that Caroline Rush CBE will…
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20 September
WHSmith to open 37 Toys’R’Us ‘shop-in-shops’
WHSmith has announced that it is set to open 37 new Toys“R”Us outlets inside its stores. It comes after the…
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20 September
Retail sales up 1% in August
UK retail sales were marginally up by 1% in August, following a rise of 0.7% in July, the ONS has…
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20 September
Next warns of store closures if equal pay appeal fails
Next has warned that store closures may be necessary if its appeal against a recent equal pay ruling fails. Last month,…
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19 September
Levi’s opens new store in Knightsbridge
Levi Strauss and Co has announced the opening of its new Levi’s store in London’s Knightsbridge Estate, the second largest…
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19 September
BoE holds interest rates at 5%
The Bank of England (BoE) has decided to hold interest rates at 5% this month, having lowered them for the…
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19 September
Next acquires 16% stake in homeware brand Rockett St George
Next has acquired a 16% stake in homeware brand Rockett St George, further furthering the partnership following the licensing agreement…
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19 September
Co-op rolls out 24-hr delivery service for city centre customers
Co-op has unveiled a 24-hour delivery service for customers living near city centre stores as the supermarket responds to growing…
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19 September
Next ups guidance again as it closes in on £1bn profit
Next has announced that it has upped its full-year profit guidance by £15m, up to £995m, as it closes in…
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19 September
Hammerson sells stake in Bicester Village for £1.5bn
Property firm Hammerson has announced that it has sold off its stake in Bicester Village for £1.5bn to Silver Bidco,…
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