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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Apr- 2024 -10 April
Asda launches online prescription service with Pharmacy2U
Asda has recently announced the launch of an online prescription service in partnership with Pharmacy2U, the largest NHS approved online…
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10 April
Ocado secures funding to boost delivery capabilities
Ocado has secured a multi-million-pound funding package from Shawbrook to acquire 43 new refrigerated vans, strengthening its delivery capabilities across…
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10 April
Assault of retail staff to be made specific criminal offence
The Government has announced that assaulting a retail worker will be made a standalone criminal offence and serial or abusive…
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10 April
THG losses narrow as boss hails improved Q4 revenues
LookFantastic and MyProtein owner, THG, has reported that its losses before tax have narrowed to £252m during the year ending…
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10 April
Next and Frasers Group mulls bid for Ted Baker
Mike Ashley’s Frasers Group and Next have expressed interest in acquiring Ted Baker, according to the Times. The news comes…
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10 April
Tesco profits soar in FY results as inflation eases
Tesco has seen pre-tax profits soar by 159.5% to £2.3bn in its full-year results, up from £882m the prior year,…
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9 April
Today’s news in brief-9/4/24
No Ordinary Designer Label Limited (NODL), the retailers of the Ted Baker brand in the UK and Europe, will close…
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9 April
SportsShoes.com appoints first partnerships coordinator
SportsShoes.com has announced the appointment of Georgia Malir as its first partnerships coordinator to manage running and fitness community partnerships. …
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9 April
Swarovski to launch standalone boutique in Merry Hill
Luxury brand Swarovski is returning to West Midlands destination Merry Hill with the launch of a standalone boutique set to…
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9 April
Easter helps retail sales jump 3.5% in March
UK Total retail sales increased by 3.5% year on year in March, as the early Easter helped boost performance for…
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