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.
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Nov- 2023 -13 November
Dune delays sales process
The sale of Dune has been delayed as the company has not received a bid which matched its valuation, according…
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13 November
Theft to cost retailers £7.9bn in 2023, study finds
It has been forecast that retail theft will cost UK retailers £7.9bn this year, according to new research by Thruvision…
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13 November
Majestic Wine plans 50 new store openings
Majestic Wine is planning to expand its high street presence with the opening of 50 more stores over the next…
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13 November
The Range losses widen to £11.7m in FY23
The Range has reported that losses have widened to £11.7m, falling more than 10% in the financial year ended 29…
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10 November
Today’s news in brief-10/11/23
The Office for National Statistics (ONS) has reported that the UK GDP showed no growth in Q3 2023, in contrast…
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10 November
Majestic partners with Rest Less on over-50s staff recruitment
Majestic has announced a new partnership with Rest Less as part of a drive to attract a greater number of…
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10 November
Travelex appoints new global retail director
Travelex has appointed Jackie Uhi as global retail director to drive the next stage of its retail development and international…
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10 November
Waitrose invests in AI to improve online shopping offering
Waitrose has announced a partnership with Netcore Unbxd to integrate AI into its online shopping offering. The new partnership will…
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10 November
UK economy stagnates in Q3
UK GDP has shown no growth in July-September (Q3) compared with an increase of 0.2% in the previous quarter, according…
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10 November
Vinted launches item verification service for designer products
Vinted, The online marketplace for second-hand fashion, has launched a new item verification service in the UK in a bid…
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