News
News is Retail Sectorโs 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 Sectorโs news coverage focuses on the business realities behind the headlines โ 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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Oct- 2025 -13 October
Uniqlo owner posts fourth consecutive year of record profits
Uniqlo owner Fast Retailing has reported its fourth consecutive year of record profits, with group performance lifted by strong sales in Japan and continued international growth. The company said pre-tax profit rose 16.8% year-on-year to ยฃ3.18bn for the 12 months to 31 August, while operating profit increased 16.6% to ยฃ2.76bn.…
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13 October
M&S calls on gov to tackle youth unemploymentย
Marks and Spencer (M&S) has urged the government to work more closely with businesses to help reduce youth unemployment, whilst calling for National Insurance relief for employers who hire long-term unemployed or disadvantaged young people. M&S has also renewed calls for reform of the Apprenticeship Levy to allow companies greater…
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10 October
Jo Malone London opens new store at Silverburn
British fragrance brand Jo Malone London has opened a new store at Silverburn, Glasgowโs retail and leisure destination. The store offers the full Jo Malone London range, including colognes, bath and body products, home fragrances, and seasonal limited editions. Each fragrance is designed to be worn alone or layered to…
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10 October
Morrisons launches one-hour grocery delivery service
Morrisons has launched a rapid grocery delivery service, allowing customers to order up to 30 items for delivery within an hour. The service, called Morrisons Now, is available from today in 158 stores and is expected to reach 420 locations nationwide by the end of October. Customers living near participating…
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10 October
Frasers Group acquires majority stake in The Webster
Frasers Group has announced that it has acquired a majority stake in US-based luxury retailer The Webster, marking its first expansion into the North American market. The Webster, founded in 2008 by chief executive Laure Hรฉriard Dubreuil, operates 13 boutiques across North America and represents more than 100 international brands.…
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10 October
Very Media Group names Paul Stafford as head of retail media
Very Media Group, which is operated by The Very Group, has bolstered its senior leadership team with the appointment of Paul Stafford as head of retail media. Stafford, who helped launch Superdrugโs retail media network Optimo, joins the Liverpool-based retailer to lead its retail media proposition. Bringing with him over…
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10 October
Wilko owner returns to profit as revenues rise 13.5%
Norton Group Holdings, owner of retail brands including Wilko, The Range and Homebase, has returned to profit, reporting pre-tax profits of ยฃ10.5m for the 53-week period ended 2 February 2025. Group revenue also rose 13.5% to ยฃ1.47bn, up from ยฃ1.3bn the previous year. The ยฃ176m increase was driven by growth…
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10 October
Gen Z spending to top ยฃ26bn in 2025, report finds
Gen Zโs spending is set to drive over ยฃ26bn of retail spending in 2025, rising to almost ยฃ40bn over the next decade, according to research by RSM UK and Retail Economics.ย While this cohortโs spending power is forecast to keep climbing, it is also expected to keep prioritising saving and…
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9 October
Kingfisher appoints Deba Sen as chief commercial officer
Kingfisher has appointed Debarati (Deba) Sen as chief commercial officer. She will join the international home improvement group in December and become a member of its group executive team, based in London. The news comes after Kingfisher confirmed that Henri Solรจre, chief offer and sourcing officer, will step down from…
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9 October
Shoplifting surge a โlow-level warโ on high streets, warns Iceland chair
Britainโs rise in shoplifting has become a โlow-level war going on every dayโ, Iceland chair Richard Walker has said, urging retailers and the government to treat the problem as a serious threat to the high street. Speaking at the Financial Timesโ Future of Retail conference, Walker said that thefts were…
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