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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Aug- 2024 -15 August
Today’s news in brief-15/8/24
The UK economy showed resilience with a 0.6% growth in the second quarter of 2024, despite a stagnant June where…
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15 August
Aldi to retire click-and-collect service
Aldi has revealed it will be discontinuing its click-and-collect offering at the end of this week on 18 August. According…
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15 August
UK economy grows by 0.6% despite June flatline
The UK economy has grown by 0.6% between April and June, in part boosted by the service sector, according to…
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15 August
Victoria’s Secret appoints Hillary Super as new CEO
Victoria’s Secret has appointed Hiillary Super as its new chief executive officer and a member of the board, effective 9…
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15 August
Amazon cleared for delivery drone trial
Amazon has been given permission from the Civil Aviation Authority (CAA) to trial drones beyond a human controller’s line of…
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14 August
Today’s news in brief-14/8/24
Inflation in the UK increased to 2.2% in July 2024, up from 2% the previous month, driven by less significant…
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14 August
Avon UK owner files bankruptcy to avoid $1bn debt
The owner of Avon in the UK, Europe and Latin America, Avon Products Inc (API), has filed for Chapter 11…
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14 August
Inflation rises to 2.2% due to energy prices
Inflation increased for the first time this year in July, as energy prices fell less than they did a year…
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14 August
John Lewis to cut 150 roles as part of realignment plan
John Lewis is set to cut more than 150 jobs as part of a realignment plan that will see it…
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14 August
Amazon opens £500m fulfilment centre in Leeds
Amazon has officially opened a £500m “state-of-the-art” fulfilment centre at Gateway45 in Leeds, which will employ more than 2,000 people…
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