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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Mar- 2025 -7 March
Zalando sees FY24 revenues surge to €10.6bn
Zalando has reported that its revenues saw a 4.2% increase year-on-year to €10.6bn (£8.9bn) in FY 2024, despite what it…
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7 March
Boots owner sold to Sycamore Partners in $23.7bn deal
Walgreens Boots Alliance has announced that it has been acquired by American private equity firm Sycamore Partners in a deal…
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6 March
Today’s news in brief-6/3/25
Pepco Group is considering the sale of Poundland as part of a strategic shift to focus on its Pepco brand,…
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6 March
M&S invests £95m into pay increase for retail staff
M&S has announced a £95m investment in its retail pay offer, its biggest ever investment in pay and third consecutive…
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6 March
Temu earns high marks from top German consumer watchdog
Temu, the online marketplace, has received strong endorsements for its quality, data security, and customer-friendly returns in a recent evaluation…
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6 March
Adidas confirms 500 HQ roles to be cut as it lowers profit guidance
Adidas is set to axe 500 jobs at its headquarters in Herzogenaurach, Germany, in a bid to reduce operational costs…
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6 March
Topshop teases Oxford Street return in new video
Fashion retailer Topshop has teased a possible return to Oxford Street in a new video posted online. On Instagram, the…
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6 March
Abercrombie and Fitch sales rise 16% amid modest 2025 expectations
Abercrombie and Fitch has revealed that its net sales increased 16% to $4.95bn (£3.85bn) for the year ended 1 February…
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6 March
Pepco explores potential sale of Poundland amid trading challenges
Pepco has announced that it is “actively exploring” a potential sale of Poundland amid rising pressures on the business, and…
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6 March
Currys introduces ‘inflation-beating’ pay boost
Currys has announced an “inflation-beating” boost of 6% to colleague pay thanks to an £8m investment that will see a…
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