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.
-
Dec- 2023 -4 December
Lush CEO blames govt for high street decline
Lush CEO Mark Constantine has attributed the decline of the high street to the Conservative government’s decision to cut council…
Read More » -
4 December
Jollyes owner mulls £100m sale
The owner of Jollyes, private equity firm Kester Capital, is considering a sale of the pet retailer for around £100m,…
Read More » -
1 December
Today’s news in brief- 1/11/23
Matthew Moulding, the founder of THG, has acquired a 3.2% stake in Kelso Group, a shareholder critical of THG’s business…
Read More » -
1 December
Seven Dials enhances retail offer
Shaftesbury Capital has announced that five new brands have joined the Seven Dials neighbourhood located within its Covent Garden portfolio. …
Read More » -
1 December
THG founder takes 3.2% Kelso Group stake
THG founder Matthew Moulding has taken a 3.2% stake in Kelso Group, the shareholder that has been critical of his…
Read More » -
1 December
Claire’s names Chris Cramer new CFO and COO
Claire’s has named Chris Cramer as its new chief financial officer and chief operating officer, having recently served as president…
Read More » -
1 December
Early signs of footfall recovery ahead of festive trading, BRC finds
The retail sector experienced early signs of footfall recovery in November as total UK footfall decreased by 0.7% in November(YoY),…
Read More » -
1 December
Aldi invests £12m to lower the price of more than 180 products
Aldi has announced it is investing £12m to lower the prices of over 180 of its products. Its latest move…
Read More » -
1 December
Frasers pulls out of SportScheck deal
Frasers has announced that it has pulled out of a deal to acquire SportScheck after the German sports retailer filed…
Read More » -
Nov- 2023 -30 November
Lidl set for ‘record-breaking’ Christmases amid 11% customer increase
Lidl GB is anticipating a “record-breaking” Christmas, after reporting an 11% uptick in customers over the past six weeks. The…
Read More »
