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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Jun- 2025 -11 June
Zara owner Inditex sees sales slow in Q1
Zara owner Inditex has reported slower than expected sales growth in Q1, with sales up by 4.2% to €8.3bn (£7.06bn), down from the 7.1% rise seen last year, and falling short of analyst expectations of 5.3% growth. Over the period, profit before tax was flat at €1.7bn (£1.45bn), though gross…
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11 June
Debenhams Group adopts AI for real-time pricing across brands
Debenhams Group has introduced artificial intelligence (AI) technology across its brands to automate product pricing and promotions in real time. The news follows the retailer’s partnership with AI platform Peak to replace manual pricing with automated, data-driven processes. The rollout will cover thousands of stock keeping units (SKUs) across its…
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10 June
Cadogan profits rise amid continued investment in Chelsea estate
Cadogan has reported a 16.6% increase in operating profit, supported by sustained demand across its portfolio and progress on environmental and community goals. Total income rose 11.8% to £241.4m in 2024, up from £216m the previous year. The value of its property portfolio grew 1.3% to £5.7bn. The estate also…
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10 June
ONS Data: Retail loses over 360,000 jobs in a decade
Retail has lost over 360,000 jobs in the past decade, according to the latest data from the Office for National Statistics (ONS), further highlighting the difficulties the sector is facing. The figures show there were 2.76 million jobs in retail in March 2025, while the four-quarter average, which smooths out…
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10 June
John Lewis Partnership to reduce staff committee to boost efficiency
The John Lewis Partnership is set to cut its partnership council by a quarter this autumn, reducing the number of members from 57 to 43, according to reports from The Telegraph. The committee is an important part of the partnership’s democratic structure as staff that are elected to the council…
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10 June
Inspiration Commerce Group acquires Trouva
Online marketplace Trouva has been acquired by Inspiration Commerce Group (ICG), marking the company’s entry into the curated retail platform sector for an undisclosed sum. ICG, which owns European lifestyle content platform Stylight and fashion marketplace MyBestBrands, stated that the move was part of a wider strategy to grow its…
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10 June
Retail sales rise 1% in May despite low non-essential spending
Total retail sales rose by 1% year-on-year in the four weeks to 31 May, up from 0.7% in the same period last year, despite customers cutting back on non-essential purchases, according to new figures from the British Retail Consortium (BRC). It comes as consumer confidence had risen in May, supported…
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10 June
Frasers mulls all-cash bid for Revolution Beauty
Frasers Group has confirmed it is participating in a formal sale process of Revolution Beauty, which could see it acquire the group through an all-cash bid. In a filing released today (10 June), the Mike Ashley-owned group revealed that “any offer for the issued and to be issued share capital…
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9 June
One in 10 part-time retail jobs at risk by 2028, warns BRC
The British Retail Consortium (BRC) has warned that around 160,000, or more than one in 10, part-time retail roles are in danger of being lost over the next three years. The warning follows a new report published by the BRC which lays bare the threats to retail employment, which has…
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9 June
River Island owners prepare rescue plan amid tough market conditions
High street fashion brand River Island has reportedly appointed advisers from PwC to draft a restructuring plan amid tough trading conditions, which could result in store closures and job losses, according to Sky News. Sources revealed to the outlet that although no definitive decisions have been made about the company’s…
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