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 -19 December
Amazon to settle delivery driver dispute worth potential £140m
Amazon is reportedly preparing to settle a group claim from delivery drivers who claimed the retail giant deprived them of…
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18 December
Aldi to invest £650m in expansion plans in 2025
Aldi is set to invest around £650m across the UK in 2025 as part of the group’s ongoing expansion plans. …
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18 December
Shoe Zone halves profit guidance and warns of store closures
Shoe Zone has halved its profit expectations for the year to 27 September 2025, downgrading it to “no less than”…
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18 December
Frasers CEO nominated for Hugo Boss board position
Hugo Boss has confirmed that Frasers CEO Michael Murray has been nominated for election to its supervisory board. Murray has…
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18 December
Inflation hits eight-month high of 2.6% in November
Inflation has risen for the second month in a row, rising to 2.6% in November, up from 2.3% the previous…
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17 December
Today’s news in brief-17/12/24
Shein’s potential London IPO may challenge regulatory norms as the company reportedly seeks a waiver from the UK’s 10% public…
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17 December
Charlotte Tilbury to upsize flagship Covent Garden store
Makeup, fragrance and skincare brand Charlotte Tilbury is set to open an upsized flagship store in Covent Garden next year,…
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17 December
HG appoints Gina Slade as country manager UKI as it continues to clean up across UK & Ireland
Cleaning experts HG International b.v. have announced the appointment of Gina Slade as Country Manager for HG UK & Ireland.…
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17 December
BIC acquires Tangle Teezer in €200m deal
BIC has announced its acquisition of haircare company Tangle Teezer in a €200m (£165m) deal . Headquartered in London, Tangle…
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17 December
Retail loses 225,000 jobs in five years
The retail industry has lost 225,000 jobs in the last five years, according to data from the Office for National…
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