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.
-
Mar- 2024 -1 March
Today’s news in brief-1/3/24
The forthcoming £90m Oxford Street Programme is poised to generate up to £2.8bn in additional sales for London’s West End…
Read More » -
1 March
GOBI Cashmere appoints new CEO
GOBI Cashmere has announced the appointment of Amarsaikhan Baatarsaikhan as its new chief executive officer, effective from today (1 March). …
Read More » -
1 March
Oxford Street revamp to deliver £2.8bn in sales by 2033
The upcoming £90m Oxford Street Programme is set to deliver up to £2.8bn in total additional sales to the West…
Read More » -
1 March
The Body Shop to close 75 stores and cut over 400 jobs
The Body Shop will close 75 more stores across the UK in the coming weeks, with 489 jobs set to…
Read More » -
1 March
Asda co-owner to step back after ‘fixing’ supermarket
Asda co-owner Mohsin Issa has announced that he is set to step back from running the business after “fixing” it.…
Read More » -
1 March
Stuart Hill leaves Matches for DHL CEO role
Stuart Hill, COO of Matches Fashion, is set to leave his role to join DHL UK as its new CEO.…
Read More » -
1 March
Sainsbury’s to axe 1,500 roles amid cost-cutting programme
Sainsbury’s has announced that it will reduce the number of roles across the business by approximately 1,500 as part of…
Read More » -
Feb- 2024 -29 February
Today’s news in brief-29/2/24
UK retail destinations saw a decline in footfall by -2.2% overall for the month. The start of February was marked…
Read More » -
29 February
Majestic named exclusive UK distributor for Blake Lively’s drinks
Majestic has become the exclusive distributor of actress and entrepreneur Blake Lively’s drinks brands – Betty Buzz and Betty Booze…
Read More » -
29 February
Tesco launches Accelerator Programme for developing brands
Tesco has welcomed 27 up-and-coming brands to its Welwyn Garden City campus as it launched its new innovation initiative, the…
Read More »
