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
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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19 September
Stuart Rose to lead Asda as Mohsin Issa steps back
Asda has announced that Mohsin Issa is set to step down from his executive responsibilities at the supermarket to focus…
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