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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Oct- 2024 -31 October
Budget reaction: Retail warns that higher costs will hamper investment
The retail industry has warned that increased costs following the Autumn Budget may hit businesses hard, with retailers facing higher…
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31 October
Dune posts £3.9m loss amid ‘challenging’ trading
Dune has reported an operating loss of £3.9m for the 52 weeks period ended 27 January 2024, compared with operating…
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31 October
Sainsbury’s sells Argos cards portfolio to NewDay Group
Sainsbury has announced the sale of the Argos Financial Services (AFS) cards portfolio to NewDay Group. The AFS cards support…
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31 October
Ocado Group announces new chair
Ocado Group has announced the appointment of Adam Warby as an independent non-executive chair of the board. He currently serves…
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30 October
Today’s news in brief-30/10/24
Next is on track to surpass £1bn in profits for the first time, following a strong performance in autumn. The…
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30 October
Uniqlo to open at Liverpool One next year
Uniqlo is set to make its city debut at Liverpool One taking a 25,000 sq ft space at the shopping…
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30 October
Budget: Increases to employers’ NI and minimum wage
The chancellor Rachel Reeves has increased Employers’ National Insurance contributions in a bid to help raise as much as £40bn…
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30 October
Majestic launches delivery partnership with Just Eat
Wine retailer Majestic has partnered with delivery partner Just Eat in order to expand its on-demand offering. The partnership has…
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30 October
Dreams opens new premium concept store in East Sheen
Dreams has announced the opening of its new premium concept store in East Sheen, which it said represents the “future…
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30 October
Next profits set to top £1bn after autumn trading boost
Next profits are set to exceed £1bn for the first time ever this year, as strong sales over autumn have…
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