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.
-
Apr- 2024 -3 April
Today’s news in brief-3/4/24
Amazon is reportedly discontinuing its Just Walk Out checkout system in US Amazon Fresh stores, opting instead for Dash Carts, which allow shoppers to pay as they shop. The move, announced by Tony Hoggett, Amazon’s senior vice president of grocery stores, aims to enhance customer experience by integrating features like…
Read More » -
3 April
Zara to upsize flagship store at Liverpool One
Zara is set to significantly expand its flagship store at Liverpool One later this year. The Inditex-owned brand will be undertaking a substantial refurbishment and expansion, which will see a brand-new 42,000 sq ft store open at the retail destination. Zara’s notable upsize will allow for an increased offer of…
Read More » -
3 April
Secret Sales acquires Germany’s Dress-For-Less
Secret Sales, the marketplace for off-price retail in fashion, sportswear and beauty, has continued its international expansion with the acquisition of German online retailer, dress-for-less for an undisclosed sum. The “natural next step on an aggressive merger and acquisition (M&A) strategy”, Secret Sales said this deal solidifies it as “one…
Read More » -
3 April
Supermarket sales jump 5.4% in March
Total till sales at UK supermarkets grew 5.4% in the four weeks ended 23 March 2024, according to data from NIQ. Whilst this is a slight increase compared with the 5.3% growth reported last month, the drop in food inflation (3.7%) compared with 15% last year has encouraged shoppers to…
Read More » -
3 April
Amazon to ditch Just Walk Out tech in US stores
Amazon is reportedly set to ditch its grab-and-go checkout system, Just Walk Out, across its US Amazon Fresh stores in favour of newer technology. Tony Hoggett, Amazon’s senior vice president of grocery stores, told The Information that the company’s Just Walk Out technology, which relied on cameras and sensors to monitor…
Read More » -
3 April
Topps Tiles sales dip 5.9% to £122.6m in H1
Topps Tiles sales fell 5.9% to £122.6m for the 26-week period ended 30 March 2024, despite a “record revenue performance” in 2023. The retailer has attributed the lower footfall to a subdued demand in the domestic Repair, Maintenance and Improvement (RMI) sector, especially for bigger ticket projects. Like-for-like sales were…
Read More » -
3 April
Aldi aims to invest over £380m in price cuts in 2024
Aldi has pledged to cut more prices than ever before in 2024 despite already investing more than £125m to reduce prices on around 500 products since the start of the year. In a bid to “never be beaten on price”, the group stated that it is planning to continue cutting…
Read More » -
2 April
Today’s news in brief-2/4/24
Superdry CEO Julian Dunkerton’s plans for a takeover have fallen through, leading to an extension of a £20m funding facility with Hilco. Dunkerton, while remaining committed to the business, does not intend to make an offer, according to a statement on the London Stock Exchange. Talks of a possible equity…
Read More » -
2 April
Wilko reopens store in Rotherham
Wilko officially returned to Rotherham on 29 March with a new store at Parkgate Shopping Centre. Deputy mayor of Rotherham, councillor Robert Taylor, officiated the launch with a ribbon cutting. The new Wilko Rotherham offers customers all the essentials, as well as 20% more product lines than before. Customers are…
Read More » -
2 April
Søstrene Grene to open new store at Festival Place
Danish homeware retailer Søstrene Grene is set to open a new location at retail destination Festival Place. The lifestyle brand will make its Hampshire debut this year, bolstering Festival Place’s position as a regional hub for fast-growing brands. The new location will deliver the family-owned brand’s range of Scandinavian-inspired homeware…
Read More »
