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.
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Feb- 2024 -13 February
Today’s news in brief-13/2/24
Yodel has been rescued by rival company Shift, marking a significant development in the logistics sector. Yodel, acquired by YDLGP…
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13 February
The Body Shop collapses into administration, 2,000 jobs at risk
The Body Shop UK has collapsed into administration, in a move that could see up to 2,000 jobs at risk.…
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13 February
Deckers Brands appoints new HOKA president
Deckers Brands has recently announced that it has named Robin Green as the next president of HOKA, effective immediately. Green…
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13 February
Frasers ups stake in N Brown to 20%
Frasers Group has revealed it has increased its stake in fashion retailer N Brown to 20%, according to the latest…
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13 February
Wet weather sees footfall slump 5.2%
Heavy rain and snow across some parts of the UK saw footfall drop 5.2% across all retail destinations when compared…
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13 February
Aldi to invest £550m in store and distribution network
Aldi will invest more than £550m in expanding and further improving its store and distribution network during 2024. This includes…
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13 February
Yodel rescued by rival firm Shift
Yodel has announced that it has been acquired by YDLGP Limited, a newly formed company backed by rival firm Shift,…
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13 February
Matalan appoints new CFO
Matalan has announced the appointment of Dave Williams to the initial role of chief financial officer designate, which will graduate…
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12 February
Ingenuity appoints Alistair Crane as chairman
Ingenuity, the complete commerce business of THG plc, has appointed technology and payments entrepreneur Alistair Crane as its first chairman…
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12 February
Superdrug to open new store in West Midlands
Superdrug has opened a new store in West Bromwich, in the West Midlands, which offers a pharmacy, beauty services, luxury…
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