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.
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Nov- 2023 -24 November
Julian Charles opens Castle Quarter store in Norwich
Bedroom furnishings retailer, Julian Charles, has signed a new five-year lease for the 1,800 sq ft unit at Norwich city centre destination, Castle Quarter. The new arrival further diversifies the offer at Castle Quarter, which in recent years has pivoted towards social, leisure and lifestyle to enrich its traditional retail…
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24 November
Joe Browns to open new store in Leeds
Joe Browns, the fashion and homes retailer, has announced the opening date of a new store at the city’s White Rose Shopping Centre, its first store in Leeds. The 3,000 sq ft Leeds White Rose store will have its grand opening on Saturday 2 December and will showcase its own…
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24 November
John Lewis to launch health clinics in-store
John Lewis has announced a partnership with diagnostic company Randox Health to launch clinics inside its stores. The clinics will provide a variety of health packages, including full body check ups, tests for gut, hormones, as well as genetic testing and other packages. Once samples have been analysed within Randox’s…
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24 November
Mothercare PBT improves despite sales slide
Mothercare has revealed its profit before tax improved to £2m for the 26 week period ending 20 September, despite seeing total worldwide retail sales fall 15% to £137.2m. The company also reported that, excluding franchise partners, it reported turnover of £29m, down from £38m the previous year, while group adjusted…
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24 November
Boots secures £4.8bn full buy-in with Legal and General for pension scheme
Boots has announced that Legal and General Group has agreed a £4.8bn full buy-in with the Boots Pension Scheme. According to the deal, liabilities for its pension scheme will be switched to the insurance firm. The buy-in secures the benefits of all 53,000 retirees and deferred members of the scheme,…
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23 November
Blakemore Retail acquires Hockmeyer Motors Limited
The UK’s largest SPAR Retail Distribution Company A.F. Blakemore and Son Limited has expanded its operation in Sleaford, Lincolnshire after agreeing a deal to purchase Hockmeyer Motors Limited. Rachael Hockmeyer and Christian Slingsby joined the business in 1999 and has owned and operated it since 2007. The 2,100 sq ft…
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23 November
Today’s news in brief-23/11/23
The British Retail Consortium (BRC) has criticised the chancellor, accusing him of neglecting larger businesses in his Autumn Statement. While the business rates multiplier for small businesses was frozen, larger ones received no relief. The decision to increase the business rates standard multiplier has drawn sharp criticism, with BRC’s CEO,…
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23 November
Rituals and Miniso open stores at Derbion
Midlands’ retail and leisure destination, Derbion, has announced that Rituals and Miniso have taken up leases. The news follows a string of recent openings at the centre including Yankee Candle’s 1,300 sq ft store and TUI’s all-new 1,000 sq ft space. Rituals has signed a lease for a 1,700 sq…
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23 November
Amazon founder to sell £800m worth of shares
Amazon founder Jeff Bezos is expected to offload a further £800m worth of shares in the online giant, CNBC revealed. Bezos, who is estimated to have a £135bn net worth, may reportedly sell as many as 8 million to 10 million shares. The news comes after Bezos last week sold…
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23 November
Asos interim chief people officer to step down
Asos interim chief people officer, Caroline Ross, is reportedly set to step down from her role after a year at the fashion retailer, according to Drapers. The news comes after the group’s brands director, James Barron, also stepped down last month after 13 years, while menswear product director Stefan Pesticcio…
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