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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Jun- 2024 -24 June
Getir shareholders to split business in two amid UK market exit
Getir’s shareholders have reportedly backed a restructuring that means the Abu Dhabi state fund Mubadala will inject an investment of…
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24 June
John Lewis unveils new circular design collection
John Lewis has today (24 June) launched a new eco-friendly circular collection across its Home and Fashion range. The 20-piece…
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24 June
Shein’s £50bn London float in danger
Shein could reportedly ditch plans for its £50bn float in London amid growing concerns in China over how the retailer…
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21 June
Today’s news in brief-21/6/24
UK retail sales saw a notable increase of 2.9% in May 2024, reversing a 1.8% decline in April. According to…
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21 June
Peak Performance to open first UK store in Covent Garden
Scandinavian outdoor brand Peak Performance has selected Covent Garden to be the home of its first-ever UK store. Known for…
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21 June
BoE decision a ‘blow for Gen Z spending’, says RSM UK
The economic impact of high interest rates is set to hit Gen Z spending for the next 12 months, “prolonging…
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21 June
Card Factory to engage shareholders after AGM revolt
Card Factory has announced that it will engage with shareholders after a revolt over the reelection of its chair. The…
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21 June
UK retail sales jump 2.9% in May
UK retail sales volumes rose by 2.9% in May 2024, following a fall of 1.8% in April 2024, according to…
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21 June
Consumer confidence up three points in June, Gfk finds
Consumer confidence increased by three points in June to -14, the latest Gfk consumer confidence index has revealed. According to…
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20 June
Today’s news in brief-20/6/24
Sainsbury’s announced the sale of its banking arm’s personal loan, credit card, and retail deposit portfolios to NatWest, scheduled for…
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