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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Sep- 2023 -4 September
Tesco staff offered body cameras as physical assaults rise
Tesco’s chief executive, Ken Murphy, has confirmed that the supermarket chain has equipped its members of staff with body-worn cameras,…
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4 September
UK footfall falls by 1.6% in August
Total UK footfall decreased by 1.6% in August (YoY), down from a rise of +1.8% in July, the BRC has…
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4 September
New Look to complete £100m debt refinancing
New Look is set to complete a £100m debt refinancing to help the business amid a poor trading environment, Sky…
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4 September
HMV owner secures creditor backing for Wilko rescue deal
Administrators to Wilko have reportedly secured the backing of creditors for a rescue deal led by HMV owner Doug Putman…
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1 September
L’Occitane receives B Corp certification
L’Occitane has announced that it is now a certified B Corporation retailer, following two years of evaluating its impact on…
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1 September
John Lewis launches online Christmas shop
John Lewis has launched its online Christmas shop on the company’s website. According to a recent survey 28% of customers…
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1 September
Superdry falls to £148m loss in FY23
Superdry swung to a loss of £148.1m in the year ended 29 April, down from a profit of £22.4m the…
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1 September
Revolution Beauty names new CEO as FY losses narrow
Revolution Beauty has reported that its pre-tax losses have narrowed to £33.9m for the year ended 28 February 2023, as…
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1 September
Lululemon sales rise 18% to $2.2bn in Q2
Athletic wear brand Lululemon has reported an 18% rise in sales to $2.2bn (£1.74bn) in Q2 2023. Gross profit was…
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1 September
Lidl unveils further pay increase for staff
From today, 24,500 Lidl GB employees will receive one of the highest hourly wages in the sector, receiving up to…
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