News
News is Retail Sector’s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.
Retail Sector’s news coverage focuses on the business realities behind the headlines — providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.
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Nov- 2025 -24 November
Co-op pledges £70m to create 7,000 apprenticeships by 2030
Co-op has pledged £70m to support 7,000 apprenticeships by 2030 through its Levy Share scheme, as apprenticeship starts in England continue to fall and skills shortages persist. The initiative has already directed £40m of unused levy funds to organisations across the UK since 2021, matching more than 3,800 apprenticeships. Around…
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24 November
Monsoon Accessorize returns to profit
Adena Brands, the parent company of Monsoon Accessorize and East, has revealed that it has returned to profit with a profit before tax of £1m for the year ended 30 August 2025. Furthermore, the company revealed that its sales grew by 4% to £212m and its EBITDA rose by £10.4m…
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24 November
Reeves to delay end of low-value import tax break until 2029
Britain will scrap the long-standing tax exemption on low-value imports in 2029, delaying a move sought by major retailers who say the current regime hands an advantage to fast-growing overseas platforms, The Times has reported. It comes as the Treasury has confirmed it will abolish the “de minimis” rule –…
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24 November
M&S eyes 500 new sites as part of expansion plans
Marks and Spencer has identified 500 potential locations for new and renewed Food stores as it accelerates plans to double the size of its food business and modernise its estate.The retailer said it expects to open or renew 20 Food stores before the end of the financial year, in a…
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24 November
Sportsshoes.com invests £1.5m in semi-automated warehouse
Online running shoes, running clothing and outdoor gear retailer Sportsshoes.com has invested £1.5m in a state-of-the-art semi-automated warehouse system as part of its ongoing growth plans. This news follows Sportsshoes.com announcing it achieved a record turnover of £93.3m for the year ended 28 February 2025 by improving its annual sales…
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21 November
Boden opens first US store at Avalon in Georgia
British clothing brand Boden has opened its first store in the United States with the launch of a 2,000 sq ft site at Avalon in Alpharetta, Georgia, marking a significant step in the British clothing brand’s US expansion. The store will carry monthly edits of Boden’s womenswear, beginning with a…
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21 November
Frasers acquires Braehead shopping centre for £220m
Frasers Group has acquired the 1.1 million sq ft Braehead shopping centre from SGS UK Retail in a £220m deal. The purchase adds one of Scotland’s largest retail destinations to the group’s holdings and forms part of its wider expansion strategy. The transaction follows a restructuring and refinancing of SGS…
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21 November
Hobbycraft profits plummet as revenue slips ahead of restructuring
Hobbycraft has reported a sharp fall in profits to £5.2m (FY24: £10.4m) as its sales also declined 1.1% to £215.9m in FY25. The group said operating losses increased largely due to a non-cash impairment of intangible and tangible assets and one-off costs linked to the sale of the business, which…
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21 November
Retail sales slip as shoppers await Budget and Black Friday
Retail sales volumes fell by 1.1% in October 2025, the first monthly drop since May, as retailers reported that many shoppers held off spending in the run-up to Black Friday. The fall followed a revised 0.7% rise in September and a 0.5% increase in August. Supermarkets, clothing stores and mail…
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21 November
ASOS losses narrow in FY25 amid cost cutting strategy
ASOS has narrowed its adjusted losses before tax from £181.2m to £98.2m in the 52 weeks to 31 August, as cost reductions and a stronger full-price sales mix lifted profitability. The online retailer delivered adjusted EBITDA of £131.6m for the year, up £51.5m on 2024. Gross margin rose to 47.1%,…
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