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- 2023 -9 October
Natura sets final bid deadline for The Body Shop
Body Shop owner Natura and Co has announced that interested parties have to submit their final bids by 23 October…
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9 October
House of Fraser could disappear from high street, CEO warns
House of Fraser stores could disappear from the high street altogether, as Frasers plans to pivot away from the traditional…
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9 October
John Lewis to persist with housing venture despite ‘extreme challenges’
John Lewis strategy director Nina Bhatia has maintained that the retailer’s commitment to its housing venture was “unwavering” in The…
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6 October
Today’s news in brief-06/10/23
Pandora has raised its revenue guidance for the year to DKK 34-36bn (£4.2-4.5bn) following a surge in store sales. As…
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6 October
UK footfall decreases 2.9% in September, BRC says
Total UK footfall decreased by 2.9% in September (YoY), down from -1.6% in August, according to new data from the…
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6 October
The Entertainer to recruit 800 temporary staff for festive season
Toy retailer The Entertainer has announced a festive recruitment drive that will fill up to 800 new temporary seasonal roles…
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6 October
Frasers ups stake in Boohoo to 13.4%
Mike Ashley’s Frasers Group has upped its stake in Boohoo to 13.4% as it continues investing in a number of…
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6 October
The Body Shop bidders hesitate over £500m valuation
Private equity firms interested in acquiring The Body Shop are reportedly being put off by owner Natura and Co’s high…
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6 October
Pandora raises revenue guidance amid strong store sales
Pandora has upped its revenue guidance for the year to between DKK 34-36bn (£4.2-4.5bn) after seeing a spike in store…
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6 October
Sainsbury’s is priciest supermarket for a big shop, says Which?
Sainsbury’s is the priciest supermarket for a big shop if you don’t use a loyalty card, according to claims by…
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