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- 2018 -15 November
Human trafficking victims to be offered jobs in Apple stores
Apple has announced it is to partner with an NGO in order to help human trafficking victims become caretakers and landscapers at its stores. The technology firm will work alongside the UN’s International Organization for Migration to help the victims pass interviews. The victims will not work directly for Apple…
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15 November
Former Argos boss hired as chairman of Holland & Barrett
Health and wellbeing retailer Holland & Barrett has appointed John Walden as chairman of its board of directors. Walden said he will work closely with the group’s management team on an “ambitious” strategic plan to build digital retail leadership and a global platform for successfully delivering its products and services.…
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15 November
Beyonce cuts ties with Topshop following Philip Green allegations
Beyonce has bought Philip Green out of the athleisure clothing line Ivy Park which was co-founded by Topshop, meaning the brand will no longer be sold in the store. The announcement of the collaboration was first announced in 2014 and in 2016, the range was launched in Topshop stores worldwide.…
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15 November
The North Face appoints new VP for EMEA region
VF Corporation (VF), a company specialising in branded lifestyle apparel, footwear and accessories, has appointed Jan Van Leeuwen to the position of vice president and general manager of The North Face, EMEA Region. Van Leeuwen, who joins from its sister brand Vans, will also serve on the Global Leadership Team…
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14 November
House of Fraser to shutter Intu located stores
House of Fraser has announced “with regret” that House of Fraser is to close a further four stores located in Intu Shopping centres at Lakeside, Metrocentre, Norwich, and Nottingham. House of Fraser said the decision follows “various meetings” with the landlord, Intu Properties, but despite their “best efforts” the companies…
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14 November
London’s New Bond Street named ‘most expensive’ European high street
London’s New Bond Street has been named as the most expensive European shopping location for rental value and the third most globally. The ‘Main Streets Across the World’ report by global real estate services firm Cushman & Wakefield tracks 446 of the top retail streets around the globe, ranking the…
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14 November
Intu gives consortium another extension to consider £2.9bn deal
Intu properties has given the consortium led by John Whittaker a second extension allowing them to consider making a £2.9bn offer. The consortium is made up of Whittaker’s investment firm the Peel Group, Saudi Arabian company the Olayan Group and Canada’s Brookfield Property Group. On 4 October 2018 the consortium…
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14 November
Law firm launches equal pay claims against Morrisons
A law firm has launched its first batch of equal pay claims in an employment tribunal with Morrisons, on behalf of female workers based in the supermarket chain’s distribution centres. Leigh Day is representing a group of women who believe they have been paid less than their male counterparts at…
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14 November
Blue Inc ‘close to administration’
Blue Inc is reportedly looking for a buyer to help the men’s fashion chain avoid falling into administration. The chain has appointed insolvency practitioners Begbies Traynor to sell the business and according to Sky News, sources said the retailer needed an immediate injection of capital in order for it to…
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13 November
House of Fraser could see ‘significant’ number of further store closures
House of Fraser is set for a “significant” number of further store closures after landlords reportedly refused to agree to owner Mike Ashley’s new leasing terms. According to the Sunday Times, the Sports Direct boss met with agents at retail estate agency CBRE last week to discuss the stores to…
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