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- 2024 -8 November
Boohoo accuses Frasers of ‘commercial self-interest’ as row continues
Boohoo has raised “concerns” over Frasers’ behaviour in a new open letter to the Mike Ashley-owned company, as a row…
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8 November
Lego opens 20th UK store in Bristol
The LEGO Group has officially opened its 20th Lego store in the UK and its second in the city of…
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8 November
Burberry names former Topshop CEO as new product boss
Burberry has announced the appointment of the former CEO of Topshop and Topman in London, Paul Price, in an expanded…
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7 November
Today’s news in brief
Asda announced plans to cut 475 head office roles and reduce hybrid work arrangements, requiring staff to be in the…
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7 November
Aesop to open at Victoria Leeds in January 2025
Australian-born luxury skin care brand Aesop is set to unveil its first store at Redical’s Victoria Leeds in January 2025.…
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7 November
Bank of England cuts interest rates to 4.75%
The Bank of England has cut interest rates for the second time this year, with rates now cut to 4.75%. The…
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7 November
Asda to cut 475 head office roles and reduce hybrid working
Asda has confirmed that it is set to cut 475 jobs from its head offices in Leeds and Leicestershire, whilst…
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7 November
Mamas and Papas sales hit ‘record’ £154m in FY24
Mamas and Papas has reported record sales of £154.3m, up 7.1%, for the 12 months to 31st March 2024. Sales…
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7 November
Sainsbury’s maintains outlook as H1 profits rise by 4.7%
Sainsbury’s has reported that profit before tax rose by 4.7% to £356m in its half-year results, with underlying operating profit…
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7 November
Pandora delivers 11% organic growth in Q3
Pandora has welcomed organic growth of 11% in its third quarter, as like-for-like sales grew by 7% to 6.1bn DKK…
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