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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Feb- 2025 -25 February
Co-op unveils new board appointments
The Co-operative Group (Co-op) has appointed Wais Shaifta and Lord Simon Woolley as Independent non-executive directors (NED). Wais is an…
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25 February
Victorian Plumbing ‘on track’ amid Q2 sales increase
Victorian Plumbing has announced that it is “on track” to deliver profit in line with its full-year expectations as sales…
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25 February
Just Eat acquired by Prosus for €4.1bn
Global technology company Prosus has announced it has reached a conditional agreement to acquire Just Eat Takeaway for €4.1bn (£3.4bn)…
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25 February
Bill with stricter measures for retail crime to go before parliament
A new bill that aims to tackle retail and street crime is set for its first reading in the House…
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25 February
Convenience stores more effective for brand-building, Co-op study finds
Convenience retail media is reportedly able to “super charge” brand recall four times more than campaigns in larger stores, due…
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24 February
Today’s news in brief-24/2/25
Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a…
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24 February
Bershka and Pull&Bear to open at Glasgow’s Silverburn
Bershka and Pull&Bear have selected retail and leisure destination Silverburn to open their first Glasgow stores. Bershka will take the…
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24 February
Eldon Square appoints new centre director
Eldon Square, the shopping and leisure destination in Newcastle, has appointed Helen Cowie as centre director. As the investment programme…
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24 February
Shein profits falter ahead of planned London IPO
Shein’s profits reportedly dropped by 40% to $1bn (£791m) in 2024 as the online retailer suffered a difficult final quarter…
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24 February
Mango Home to open first standalone store
Mango Home has announced the opening of its first stand-alone store, located at 586 Avenida Diagonal in Barcelona. With a…
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