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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Mar- 2025 -6 March
Adidas confirms 500 HQ roles to be cut as it lowers profit guidance
Adidas is set to axe 500 jobs at its headquarters in Herzogenaurach, Germany, in a bid to reduce operational costs…
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6 March
Topshop teases Oxford Street return in new video
Fashion retailer Topshop has teased a possible return to Oxford Street in a new video posted online. On Instagram, the…
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6 March
Abercrombie and Fitch sales rise 16% amid modest 2025 expectations
Abercrombie and Fitch has revealed that its net sales increased 16% to $4.95bn (£3.85bn) for the year ended 1 February…
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6 March
Pepco explores potential sale of Poundland amid trading challenges
Pepco has announced that it is “actively exploring” a potential sale of Poundland amid rising pressures on the business, and…
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6 March
Currys introduces ‘inflation-beating’ pay boost
Currys has announced an “inflation-beating” boost of 6% to colleague pay thanks to an £8m investment that will see a…
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5 March
Today’s news in brief-5/3/25
Walgreens Boots Alliance, owner of Boots, is in advanced talks with private-equity firm Sycamore Partners for a potential $10 billion…
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5 March
The Very Group announces the National Literary Trust as new charity partner
The Very Group has announced that the National Literary Trust will be its charity partner for the next three years. …
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5 March
M&S among winners as shoppers spend almost £1bn this Valentine’s Day
M&S was among the winners and losers this Valentine’s Day as shoppers spent almost £1bn to celebrate the day, according…
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5 March
Games Workshop welcomes strong start to 2025
Games Workshop has revealed today (5 March) in a short trading update that its performance in January and February has…
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5 March
Boots owner Walgreens nears $10bn takeover deal
Walgreens Boots Alliance, the owner of Boots, is reportedly nearing a deal with private-equity firm Sycamore Partners that would take…
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