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 -5 February
The Lexicon to welcome three new leases
The Lexicon has announced a trio of high profile new lettings, after reporting rising footfall levels and increased consumer spending…
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5 February
Superdrug aims to enrol 500 apprentices throughout the year
Superdrug has pledged to take on a further 500 apprentices throughout 2024 in support of National Apprenticeship Week (5-11 February). …
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5 February
Morrisons stores chief steps down
Morrisons stores chief has stepped down from his role at the company after four years, The Telegraph has reported. David…
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5 February
Superdry founder in talks with investors over take-private deal
Superdry CEO and co-founder, Julian Dunkerton, is reportedly in talks with investors as he eyes a takeover deal that could…
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5 February
Issa brother mulls sale of Asda stake
One of the Issa brothers is reportedly planning to offload his stake in Asda and instead focus on EG Group’s…
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5 February
Jeremy Hunt to review tourist tax ahead of Budget
Chancellor Jeremy Hunt has reportedly asked the Office for Budget Responsibility to look at whether the scrapping of VAT-free shopping…
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5 February
Ted Baker owner mulls CVA amid UK operator split
Authentic Brands, the owner of Ted Baker, is reportedly considering a number of cost saving options after terminating its relationship…
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2 February
Today’s news in brief-2/2/24
The overall percentage of UK-listed companies issuing profit warnings reached 18.2%, surpassing the levels observed during the 2008 financial crisis.…
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2 February
Fig & Fox opens at Festival Place
Local homeware and gifts retailer Fig and Fox has opened at retail and leisure destination Festival Place. The launch of…
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2 February
Mamas and Papas names new CFO
Mamas and Papas has announced the appointment of Sarah Ashby, Asda’s former finance executive, as its new chief financial officer. …
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