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 -11 June
Gunwharf Quays’ second phase of development receives greenlight
Planning permission for the second phase of Landsec’s £45m investment in Gunwharf Quays has been granted by Portsmouth City Council. The works will aim to give visitors an improved full day out experience at the waterfront outlet shopping destination. The new phase of the investment will focus on Marlborough Square,…
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11 June
Battersea Power Station appoints new CEO
Battersea Power Station Development Company (BPSDC), the Malaysian owned operator and developer of London’s iconic Battersea Power Station, has appointed Donagh (‘Don’) O’Sullivan, as CEO, commencing Tuesday 18 June 2024. As CEO, O’Sullivan will lead the continued development of the former industrial brownfield site following the restoration and public opening…
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11 June
Mango appoints Mango Home director amid homeware expansion
Mango is strengthening its homeware line with the appointment of Nuria Font as the new director of Mango Home. Font, who was previously director of Mango’s Wholesale Department, will begin overseeing the homeware line this month. She began her career as an auditor at KPMG. In 2006, she joined Mango…
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10 June
Today’s news in brief-10/6/24
Labour has pledged to overhaul the business rates system if it wins the upcoming general election. The party aims to create a fairer system that supports small businesses and high streets while ensuring that large multinationals and tech companies pay their fair share. Shadow Chancellor Rachel Reeves highlighted the need…
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10 June
Alo Yoga to open new store in Covent Garden
Alo Yoga, the luxury activewear brand, has selected Covent Garden as the UK location for a new store. The lifestyle brand is set to open its 5,000 sq ft anchor unit at the junction of Neal Street and Earlham Street, a gateway to Covent Garden’s Seven Dials neighbourhood. Alo Yoga’s…
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10 June
Waitrose acquires meal kit delivery firm Dishpatch
Waitrose has announced the acquisition of Dishpatch, the meal-kit delivery service that provides “restaurant-quality home dining” in collaboration with some of the UK’s leading chefs. Dishpatch, founded in 2020, “replicates a restaurant experience” without leaving the house with chef-designed dishes from the likes of Angela Hartnett, Michel Roux Jr, Rick…
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10 June
GE could delay M&S Oxford Street store development
Marks and Spencer’s may once again see plans for its new Oxford Street flagship store delayed, this time due to the general election, according to This is Money. The news comes after the group was hopeful that its plans to rebuild its Oxford Street store would be approved by ministers…
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10 June
WBA delays Boots IPO amid sale talks
Walgreens Boots Alliance (WBA) has reportedly postponed plans for a possible Boots IPO as talks of a potential sale continue, according to Bloomberg. It is understood that WBA is currently weighing alternative options for the UK health and beauty retailer, having engaged in “informal” talks with potential buyers such as…
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10 June
Labour vows to overhaul business rates system
The Labour party has vowed to overhaul the current business rates system should it be victorious in the general election. The party stated that it would replace the current system with a new system that will “level the playing field between the high street and online giants”. Shadow chancellor Rachel…
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10 June
Top THG shareholder joins calls for vote against chair
THG’s tenth largest shareholder has joined a revolt against the reappointment of the company’s chairman amid disappointment over the group’s share price, The Times has reported. Dutch investment firm Ophorst Van Marwijk Kooy Vermogensbeheer, which has a 1.89% stake in the company, will reportedly join fellow shareholder Kelso in a…
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