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 -9 April
Ted Baker to close 11 stores
The joint administrators of No Ordinary Designer Label Limited (NODL), retailers of the Ted Baker brand in the UK and…
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9 April
Charlotte Tilbury owner eyes €2.5bn IPO
Spanish beauty group, Puig, which owns brands including Charlotte Tilbury, has announced its intention to raise more than €2.5bn (£2.1bn)…
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9 April
ProCook Q4 revenues jump 4.8%
ProCook has revealed that its revenues jumped 4.8% up to £13.2m for the 12 weeks ended 31 March 2024. As…
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9 April
The Very Group promotes Robbie Feather to CEO
The Very Group, operator of digital retailer Very, has promoted Robbie Feather to the position of group CEO succeeding Lionel…
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9 April
Tesco launches collaborative VC fund with global grocery retailers
Tesco has become one of five leading global grocery retailers to establish a “pioneering” collaborative grocery venture fund, W23 Global.…
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8 April
Today’s news in brief-8/4/24
The John Lewis Partnership has chosen Jason Tarry, former UK boss of Tesco, as its new chairman. Tarry, with over…
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8 April
The Highlands Stores and PPL launches Out With Style
The Highlands and Pace Partnership London (PPL) has launched Out With Style, a new retail concept dedicated to the outdoors.…
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8 April
Zara to upsize shop at Bullring and Grand Central
Zara will significantly upsize its store at Bullring and Grand Central, as part of the repositioning of the Birmingham city…
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8 April
Number of retailers going insolvent jumps to 2,195, says Mazars
The number of insolvencies of retailers increased 19% in the past year to 2,195 in 2023/24, up from 1,843 in…
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8 April
Zuber Issa considering stepping down as EG Group co-CEO
EG Group co-founder Zuber Issa is reportedl considering stepping down as co-chief executive officer, leaving the company in the hands…
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