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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Sep- 2024 -2 September
Today’s news in brief-2/9/24
John Lewis Partnership (JLP) has refuted recent claims of additional job cuts and management restructuring. Earlier, reports suggested management team overhauls across 34 stores could lead to more job losses beyond the 153 roles already announced last month. JLP clarified that these changes aim to enhance operational flexibility and customer…
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2 September
Asda Rewards to donate millions to UK primary schools
Asda has announced that it is making millions of pounds available to UK primary schools by encouraging families to use its loyalty programme Asda Rewards. In a new campaign fronted by Joe Wicks, the supermarket is offering to donate 0.5% of the value of any shop done at Asda until…
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2 September
Under Armour appoints Franck Denglos as VP of Commercial for EMEA
Under Armour has announced the appointment of Franck Denglos as vice president of Commercial for Europe, the Middle East, and Africa (EMEA). With 25 years of experience in the sports, lifestyle, and fashion industries, it said Denglos brings a wealth of expertise in driving commercial success and strategic growth to…
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2 September
John Lewis denies reports of further job cuts
John Lewis has denied that it is considering more job cuts and restructuring its management team, following reports over the weekend. It comes following resorts from The Sunday Times that claimed a revamp of management teams at 34 of its stores would lead to even more cuts to staff, including…
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2 September
End of tax-free shopping hitting retail hard, warns Kurt Geiger CEO
Kurt Geiger’s CEO has warned that scrapping tax-free shopping for tourists is having a “massively negative effect” on retail in the UK. According to The Times, Neil Clifford said tourists were now travelling to other European countries for their shopping after the scheme was scrapped in 2021. Under the scheme,…
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2 September
Oasis reunion boosts HMV sales
Music and entertainment retailer HMV said it has seen a “huge boost” in sales following the reunion of rock band Oasis after 16 years. The group saw a 526% rise in sales across the band’s full catalogue as they announced a series of live shows next year. Meanwhile, sales of their…
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2 September
M&S urges Angela Rayner to approve Marble Arch shop revamp plans
M&S has urged Deputy PM Angela Rayner to give the go ahead to controversial plans for the demolition of its Marble Arch flagship store. According to This is Money, Rayner is currently reviewing the plans which were previously blocked by the Conservatives. M&S wants to demolish its Marble Arch site,…
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Aug- 2024 -30 August
UK retail sales dipped 0.7% in August, BDO reveals
Total retail sales have increased by just 0.7% compared to August last year, according to this month’s High Street Sales Tracker from BDO. Despite reports signalling that retail prices had fallen for the first time in three years during August, sales growth figures are still running below the rate of…
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30 August
UKRadiators.com appoints ex-Tiffany exec as operations director
UKRadiators.com, an online retailer based in Colchester, UK, has appointed Mark Webber, as its new operations director. Webber brings over 11 years of experience from Tiffany and Co., where he was “instrumental” in building its e-commerce operations. This strategic hire is part of UKRadiators.com’s growth plan. By improving supply chain…
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30 August
Dobbies plans restructuring process
Dobbies, the UK’s biggest garden centre operator, is reportedly planning a financial overhaul which could result in store closures or steep rent cuts, according to Sky News. The group, which is controlled by Ares Management, an American investor, is believed to be working with advisers at FTI on a restructuring…
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