News
News is Retail Sectorโs 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 Sectorโs news coverage focuses on the business realities behind the headlines โ 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 -28 October
New Look launches its first national loyalty programme
Fashion retailer New Look has rolled out its first nationwide loyalty scheme, Club New Look, as part of its wider digital transformation strategy. The free-to-join programme offers members exclusive discounts, early access to product launches and entry to prize draws. It follows a successful trial earlier this year and is…
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28 October
OKA earnings fall to ยฃ1.7m in FY25
Home furnishings retailer OKA Direct Limited has seen adjusted EBITDA fall to ยฃ1.7m in its full-year results, down from ยฃ6.7m in the prior period, representing a margin of 4.7% compared with 12.1% in 2024.ย Gross margin declined to 64.9% from 68.9%, which the company attributed to fluctuating freight costs and…
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28 October
Rates hike threatens 500 big high street outlets, trade bodies warn
UKHospitality and the British Retail Consortium (BRC) have called on the government to exempt hospitality and retail outlets from a proposed business rates surcharge that would apply to 5,000 high street properties with a rateable value above ยฃ500,000. The trade bodies warned that around 500 premises could be at risk…
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28 October
Shop price inflation slows to 1% in October amid retailer discounting
Shop price inflation eased to 1.0% year on year in October, down from 1.4% in September, as competition led to widespread discounting, according to the latest British Retail Consortium (BRC) figures. The rate was marginally below the three-month average of 1.1%. It comes as Non-food prices fell by 0.4% year…
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28 October
Total Capital boosts Weird Fish stake to 80% via Auralis
The private equity backer of Weird Fish has launched a new investment vehicle, which sees Total Capital Partners (TCP) rolling Weird Fish into a new holding company while raising its stake in the group. The new company, named Auralis, has seen TCP raised its stake in the clothing brand to…
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27 October
Lululemon and NFL launch first licensed apparel collection
Lululemon and The National Football League (NFL) have announced a new apparel collection for fans of all 32 teams, marking the first time the retailer has produced officially licensed products for the league. Developed in partnership with Fanatics, the range includes menโs and womenโs clothing and accessories featuring team branding.…
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27 October
Lakeside Shopping Centre appoints new centre director
Lakeside Shopping Centre has announced the appointment of Nancy Foster as centre director. Foster, who is starting at the end of October, has over 15 years of senior leadership experience and is a โhighly accomplishedโ retail and operations leader. Lakeside said she has a proven record in managing multimillion-pound budgets…
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27 October
Puma appoints Ronald Reijmers as Global Retail VP
Sportswear giant Puma has appointed Ronald Reijmers as vice president Global Retail starting November 1, a position in which he will oversee the development of the companyโs full-price and outlet stores across the world. Reijmers has almost three decades of experience in the sports industry, holding various leadership positions in…
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27 October
M&S ends IT service desk partnership with TCS
Marks and Spencer (M&S) has reportedly let go of its IT service desk partnership with its India-based IT consultancy. According to The Telegraph, the retailer terminated its contract with Tata Consultancy Services (TCS) in July, but TCS said the move was not related to the cyber attack incident that occurred…
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27 October
Supermarkets urge chancellor to drop new rates surtax
Nine of Britainโs biggest supermarket chains have called on chancellor Rachel Reeves to exclude large retail stores from the governmentโs proposed business rates surtax, warning it would add pressure to food prices. The letter, organised by the British Retail Consortium (BRC), was signed by the heads of Aldi, Asda, Iceland,…
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