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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Aug- 2024 -7 August
Castore secures 10-year lease at Derbion
Sportswear brand Castore has signed a 10-year lease for a 1,771 sq ft unit at Derbion on the second level of the centre next to Foot Locker. It comes as Derbion’s JD store will be doubling the size of its current unit to a 20,175 sq ft space that will…
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7 August
Puma Q2 performance meets expectations
Puma has revealed its Q2 performance met expectations as sales increased 2.1% to €2.11bn (£1.8bn) thanks to improved demand in the Americas. Sales in the Americas region increased by 9% to €887.5m (£762.3m), with both the US and LATAM contributing to the growth and showing a sequential improvement. The Asia/Pacific…
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7 August
Holland and Barrett adopts latest crime prevention tech
Holland and Barrett has made further investments in loss and theft prevention by adopting Auror’s latest crime prevention technology across its store network. It comes as increasing levels of crime have been affecting the retail industry, with data from Auror confirming there has been a 178% increase in repeat offenders…
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7 August
Store staff ‘fear for their safety’, says Retail Trust boss
The Retail Trust has seen a spike in calls from retail workers “fearing for their safety” amid rioting across towns in England and Northern Ireland, according to its chief executive Chris Brook-Carter. Brook-Carter stated that the charity has seen an increase in the number of calls to its 24-hour helpline.…
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7 August
Morrisons extends Too Good To Go partnership to combat food waste
Morrisons is extending its partnership with Too Good To Go, a global marketplace for surplus food, so that customers can purchase ‘Surprise Bags’ from 930 of its Morrisons Daily convenience stores to help combat food waste. During a successful trial in various locations across north England, the midlands and Wales,…
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7 August
White Stuff welcomes sales uptick in FY24
White Stuff has welcomed a strong year of trading, as sales rose by 2.4% to £155m in the year ended 27 April 2024, with EBITDA up by 23% to £8.6m. Its performance was boosted by full price sales, which were up by 6.8% against the prior year, driven by less promotional…
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7 August
Sephora to open in Bluewater Shopping Centre
Sephora UK has announced that it is set to open a new store in Kent’s Bluewater Shopping Centre this winter. The new store location will mark the beauty retailer’s seventh store opening since its launch into the UK in 2022, with stores already located in London’s Westfield White City and…
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6 August
Today’s news in brief-6/8/24
UK retail sales saw a slight uptick of 0.5% year-on-year in July, driven by improved performance in food sales and summer clothing purchases amidst favourable weather. However, non-food sales declined by 1.7% over the same period, with in-store sales particularly affected, reflecting ongoing shifts in consumer spending habits. The online…
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6 August
Quartet of retailers sign new spaces in Covent Garden
Nobody’s Child, SpaceNK, Whistles, and Lipault have all committed to over 11,200 sq ft of prime retail space on Long Acre and Neal Street in Covent Garden, London. Nobody’s Child has selected 3 Neal Street to house its new London flagship. The 2,044 sq ft two-storey unit will be the…
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6 August
Sainsbury’s to ‘transform customer experience’ with new AI deal
Sainsbury’s has announced it has signed a seven-year deal with NCR Voyix to help “transform its shopping experience”. The deal will see the supermarket upgrade its checkout technology by rolling out the NCR Voyix Commerce Platform, Point of Sale Solutions (POS) and Next Generation Self-Checkout systems to 22,500 checkouts. Sainsbury’s…
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