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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Aug- 2024 -29 August
Retail footfall shows resilience despite riots
Footfall in the UK rose marginally by 0.9% from July to August in all UK retail destinations according to data…
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29 August
Morrisons cuts prices on over 2,000 products
Morrisons has cut the price of over 2,000 products both online and in-store in a move set to benefit More…
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29 August
Ocado Retail to slash prices on over 450 products
Ocado Retail has announced that it is slashing prices under its Big Price Drop scheme. Posting on LinkedIn, the group…
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29 August
New Look partners with ITF to protect supply chain workers
New Look has partnered with the International Transport Workers’ Federation (ITF) to ensure that transport workers’ human and labour rights…
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29 August
Quiz swings to £5.2m loss as cost-of-living crisis hits sales
Quiz has swung to a loss of £5.2m in its full-year results, down from a profit of £2.3m the prior…
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28 August
Today’s news in brief-28/8/24
Authentic Brands Group has partnered with United Legwear and Apparel Co (ULAC) to manage Ted Baker’s e-commerce operations in the…
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28 August
Moss opens in Caledonia Park
Menswear brand Moss has opened a new shop at Scotland’s designer outlet village Caledonia Park. The brand, which recently dropped…
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28 August
N Brown completes website roll out for its three strategic brands
N Brown Group has announced the successful launch of its new trading website for JD Williams – the group’s leading…
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28 August
Temu owner PDD sees shares plummet 29% despite strong Q2 results
Temu owner PDD holdings saw its shares plummet 29%, wiping out $55bn (£41.6bn) off the company’s market value, after its…
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28 August
Naked Wines appoints new CFO as losses widen
Naked Wines has appointed Dominic Neary as its new CFO after it posted a loss before tax of £16.3m for…
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