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 -10 June
New West End Company launches manifesto ahead of GE
New West End Company has announced the launch of its new manifesto ahead of the general election in July. The organisation said that the manifesto will focus on three pillars – supporting opportunity and growth, ensuring the West End is safe and accessible, and promoting the district on the international…
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7 June
Today’s news in brief-7/6/24
The British Independent Retailers Association (BIRA) has initiated a £1bn damages claim against Amazon on behalf of UK retailers selling on its marketplace. BIRA accuses Amazon of misusing retailers’ data and manipulating the Amazon Buy Box to divert sales and profits from these retailers to its own business. This claim,…
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7 June
Lidl announces plans for new distribution centre
Lidl UK has revealed plans for a brand new Regional Distribution Centre (RDC) in Bolton, Greater Manchester, following the freehold acquisition of 43.71 acres at Harworth Group’s flagship Logistics North development. The news of the warehouse marks another multi-million pound investment by the retailer, following a series of recent announcements…
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7 June
TDR Capital to become majority owner of Asda as Zuber Issa exits
TDR Capital is set to become the majority owner of Asda, announcing that it has agreed to acquire Zuber Issa’s shares in the supermarket. Mohsin Issa will remain a co-owner in Asda alongside TDR Capital, and the ownership of Asda is now 67.5% by TDR Capital, 22.5% by Mohsin Issa, and…
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7 June
Sainsbury’s unveils Klarna partnership
Sainsbury’s has revealed that it has struck a deal with buy-now-pay-later firm Klarna for the use of its product. The deal will see its payment methods available at the online checkouts of three brands; Argos, Habitat and TU. Sainsbury’s customers will be able to choose from Klarna’s three interest free…
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7 June
BIRA leads £1bn damages claim against Amazon for UK retailers
The British Independent Retailers Association (BIRA) has brought forward a £1bn pound damages claim against Amazon on behalf of retailers selling on Amazon’s UK marketplace accusing it of “illegally misusing their data and manipulating the Amazon Buy Box to benefit its own commercial operation and its overall revenues and profit”.…
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7 June
MRI Software to provide AI footfall data for Holland and Barrett
Holland and Barrett has revealed a partnership with retail property technology group MRI Software, which will provide the retailer with AI footfall analytics. This partnership will mean that the health and wellness retailer will have real-time visibility on store performance metrics across its shops across the UK and Europe. So…
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7 June
Dunelm non-executive director exits
Dunelm has announced that Arja Taaveniku, an independent non-executive director of the company, has informed the board of her decision to step down from her role at the end of 2024. The news follows her acceptance of a full-time position as CEO of Home Centre, a home furnishings company in…
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7 June
Second Morrisons strike called off after improved pay offer
Planned industrial action that was due to take place at Morrisons warehouses in Northwich and Wakefield from 13 June to 16 June has been called off. Between 23 May and 26 May, hundreds of workers in Gadbrook in Cheshire and Wakefield in West Yorkshire had been taking part in strike…
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6 June
Today’s news in brief-6/6/24
Andrew Fisher, a long-serving director at Marks & Spencer (M&S), is resigning following the company’s hiring of Alison Dolan, CFO of Rightmove. Fisher, who has been chairman of Rightmove since 2020, felt blindsided by M&S’s decision, learning of it late in the recruitment process. He has been with M&S since…
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