News
News is Retail Sector’s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.
Retail Sector’s news coverage focuses on the business realities behind the headlines — providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.
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Oct- 2025 -13 October
150,000 retail jobs at risk without business rate reform, Co-op warns
Around 60,000 small shops and 150,000 jobs could disappear without business rates reform, according to new research from Co-op. If reforms are not delivered, 10% of small high street business owners say they would need to lay off staff, and one in eight say they would be at risk of…
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13 October
Uniqlo owner posts fourth consecutive year of record profits
Uniqlo owner Fast Retailing has reported its fourth consecutive year of record profits, with group performance lifted by strong sales in Japan and continued international growth. The company said pre-tax profit rose 16.8% year-on-year to £3.18bn for the 12 months to 31 August, while operating profit increased 16.6% to £2.76bn.…
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13 October
M&S calls on gov to tackle youth unemployment
Marks and Spencer (M&S) has urged the government to work more closely with businesses to help reduce youth unemployment, whilst calling for National Insurance relief for employers who hire long-term unemployed or disadvantaged young people. M&S has also renewed calls for reform of the Apprenticeship Levy to allow companies greater…
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10 October
Jo Malone London opens new store at Silverburn
British fragrance brand Jo Malone London has opened a new store at Silverburn, Glasgow’s retail and leisure destination. The store offers the full Jo Malone London range, including colognes, bath and body products, home fragrances, and seasonal limited editions. Each fragrance is designed to be worn alone or layered to…
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10 October
Morrisons launches one-hour grocery delivery service
Morrisons has launched a rapid grocery delivery service, allowing customers to order up to 30 items for delivery within an hour. The service, called Morrisons Now, is available from today in 158 stores and is expected to reach 420 locations nationwide by the end of October. Customers living near participating…
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10 October
Frasers Group acquires majority stake in The Webster
Frasers Group has announced that it has acquired a majority stake in US-based luxury retailer The Webster, marking its first expansion into the North American market. The Webster, founded in 2008 by chief executive Laure Hériard Dubreuil, operates 13 boutiques across North America and represents more than 100 international brands.…
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10 October
Very Media Group names Paul Stafford as head of retail media
Very Media Group, which is operated by The Very Group, has bolstered its senior leadership team with the appointment of Paul Stafford as head of retail media. Stafford, who helped launch Superdrug’s retail media network Optimo, joins the Liverpool-based retailer to lead its retail media proposition. Bringing with him over…
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10 October
Wilko owner returns to profit as revenues rise 13.5%
Norton Group Holdings, owner of retail brands including Wilko, The Range and Homebase, has returned to profit, reporting pre-tax profits of £10.5m for the 53-week period ended 2 February 2025. Group revenue also rose 13.5% to £1.47bn, up from £1.3bn the previous year. The £176m increase was driven by growth…
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10 October
Gen Z spending to top £26bn in 2025, report finds
Gen Z’s spending is set to drive over £26bn of retail spending in 2025, rising to almost £40bn over the next decade, according to research by RSM UK and Retail Economics. While this cohort’s spending power is forecast to keep climbing, it is also expected to keep prioritising saving and…
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9 October
Kingfisher appoints Deba Sen as chief commercial officer
Kingfisher has appointed Debarati (Deba) Sen as chief commercial officer. She will join the international home improvement group in December and become a member of its group executive team, based in London. The news comes after Kingfisher confirmed that Henri Solère, chief offer and sourcing officer, will step down from…
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