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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Jun- 2024 -20 June
Saucony appoints global chief marketing officer
Running and lifestyle brand Saucony, a division of Wolverine World Wide, has announced the appointment of Joy Allen-Altimare as global chief marketing officer. In this role, Allen-Altimare will be responsible for developing and executing Saucony’s global branding initiatives, including brand positioning, direct-to-consumer strategies, advertising, digital strategies, international growth initiatives and…
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20 June
The Perfume Shop sales rise 4% in run up to Father’s Day
UK specialist fragrance retailer The Perfume Shop has hailed an “outstanding” sales period for Father’s Day with a record 225,397 bottles sold over 14 days in the run up to 16 June 2023, seeing a 4% increase in sales compared with the same period in 2023. It said this equated…
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19 June
Today’s news in brief-19/6/24
UK inflation has hit its target for the first time in almost three years, with consumer price inflation easing to 2% in May, down from 2.3% in April. The Bank of England last reached this target in July 2021. The Office for National Statistics attributes the decline primarily to falling…
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19 June
Mango to open new site in Metrocentre
International fashion retailer Mango is set to open a new destination at regional mall Metrocentre. The brand will join the centre’s lower Red Mall later this year, opening its largest store in the region to date. Mango will bring a Mediterranean-inspired and versatile assortment of womenswear and menswear to Metrocentre…
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19 June
Uber Eats couriers to pick and pack grocery orders under new scheme
Uber Eats has announced the launch of a new service that will enable its couriers to pick and pack supermarket orders on behalf of customers. It comes as the company revealed the number of shoppers who have placed a grocery order on its platform has nearly doubled in the last…
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19 June
Cricket salads could be meal staple by 2054, Co-op report finds
Cricket salads, lab-grown steaks and azolla burgers may take the place of classic dishes such as Sunday roasts or fish and chips by 2054, a new Co-op report has found. The supermarket released “never-before-seen” AI images of what these meatimes could look to mark the release of its responsible retailing…
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19 June
Inflation hits 2% target for first time in three years
UK inflation has hit its target for the first time in almost three years, as consumer price inflation eased to 2% in the year to May, down from a rise of 2.3% the prior month. The Bank of England last hit the 2% target in July 2021. According to the Office…
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19 June
Amazon to invest £23m in skills training for UK employees
Amazon has announced that it is investing £23m in skills training for employees across the UK. The announcement comes as a new study by the retailer found that 61% of UK workers believe that on-the-job skills training or apprenticeships are more valuable for preparing people for work than traditional university…
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19 June
Games Workshop profits to hit £200m in FY results
Games Workshop has said it expects its profit-before-tax will hit “no less” than £200m in its full-year results, up from £171m the prior year. It comes as the group’s core revenues are expected to be not less than £490m in the 53 weeks ended 2 June 2024, up from £445m…
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18 June
Today’s news in brief-18/6/24
Supermarket sales in the UK saw a modest increase of just 1.0% for the four weeks to June 9, 2024, marking the slowest growth since June 2022. This sluggish performance is attributed to poor weather and falling inflation, with average shopper visits dropping slightly from 16.4 to 16.3 times compared…
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