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 -3 December
UK retail sales dip 3.3% in November
UK total retail sales decreased by 3.3% year on year in November, against a growth of 2.6% in November 2023,…
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3 December
Mango achieves 2024 US expansion goals
Mango has achieved its goal of reaching 40 company owned stores in the US by the end of 2024 ahead…
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3 December
Boohoo repays £50m of £97m loan following fundraising drive
Boohoo has partially repaid its £97m term loan following the conclusion of a recent refinancing drive, as the group continues…
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2 December
Black Friday helps boost retail footfall
The week of Black Friday combined with the recovery from Storm Bert provided UK retail destinations with a welcome boost…
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2 December
Co-op extends £400m sustainability-linked revolving credit facility
Co-op has announced the extension of its £400m sustainability-linked revolving credit facility for a further five years until November 2029.…
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2 December
Temu to shorten delivery times through expansion of UK suppliers
Temu has plans to increase the number of its UK-based suppliers as a way to speed up delivery times, which…
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2 December
Topps Tiles defends strategy after major shareholder criticism
Topps Tiles has defended its performance and strategy following criticism from a major shareholder, who accused the tile retailer of…
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2 December
Mothercare slips to £1.4m HY loss
Mothercare has reported a pre-tax loss of £1.4m for the 26-week period to 28 September 2024. Its sales also dropped…
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Nov- 2024 -29 November
B&Q to open new store in Rotherham
B&Q has announced it will open a brand-new store in Rotherham on 13 December. To celebrate the opening, B&Q workers…
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29 November
Urbn reports record revenues of $102.9m in Q3
Urbn, which operates a portfolio of global consumer brands including Urban Outfitters, Anthropologie, Free People, FP Movement and Nuuly, has…
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