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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Oct- 2023 -23 October
Police to unveil new ‘zero tolerance’ plan to tackle shoplifting
Ministers, police and retailers have agreed on a new “zero tolerance” plan to crack down on the increase in shoplifting crimes, The Sunday Times has reported. It is understood that police chiefs will reveal plans on how they intend to tackle shoplifting at a summit in Downing Street today (23…
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23 October
JD Sports launches new loyalty app
Sports retailer JD Sports has announced the launch of its JD Status loyalty programme app across its JD stores in the UK. The new app, which already operates in the United States, rewards loyal customers with cashback on purchases of their favourite brands ahead of its peak Christmas shopping period.…
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23 October
Pret accelerates US expansion with new partnership
Pret A Manger has announced a new joint venture (JV) partnership with existing franchisee, Dallas International (Dallas), accelerating its expansion plans in the United States. The group said it is a key growth market in which it intends to expand further through a combination of new equity shops and additional…
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23 October
London planners blast John Lewis over affordable housing plans
London planning officials have accused John Lewis of planning to build “executive housing” which will not help local families. In planning documents, the company stated that it aimed to make 20% of the housing at its Bromley development affordable. However, John Lewis revealed that as little as 10% of the…
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20 October
Today’s news in brief-20/10/23
The Office for National Statistics (ONS) revealed a 0.9% decline in retail sales for September, following a 0.4% rise in August 2023. Over the quarter, sales volumes dropped by 0.8% compared to the previous three months. Non-food store sales were particularly affected, with a 1.9% decrease in September, attributed to…
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20 October
EE ventures into ecommerce with new brand launch
EE has announced that it is broadening its horizons from traditional telecommunications services to venture into the ecommerce market. In this landmark shift for the brand, EE has rebuilt its business from inside out based on the current and future needs of its customers. Following extensive customer research, the four…
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20 October
Frasers ups Asos stake again to 23%
Frasers has again upped its stake in Asos to 23%, as it continues its investment in a number of UK fashion retailers. Frasers has increased its holding in the online retailer a number of times throughout this year and currently holds 27,473,492 Total number of voting rights. It tops a…
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20 October
UK consumer confidence falls ahead of festive period
GfK’s long-running consumer confidence index decreased nine points to -30 in October. All five measures were down in comparison to last month’s announcement. The index measuring changes in personal finances during the last year fell six points at -19; this is nine points better than October 2022. The forecast for…
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20 October
Retail sales drop in September as demand for household goods wanes
Retail sales have fallen by 0.9% in September, following a rise of 0.4% in August 2023, according to the new figures from the ONS. Looking at the quarterly picture, sales volumes fell by 0.8% in the three months to September 2023 when compared with the previous three months. Non-food stores…
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20 October
ProCook revenues dip 1.8% in Q2
ProCook has seen revenues dip by 1.8% to £15.7m in the second quarter of the year, excluding the impact of its exit from Amazon EU last year which resulted in a “modest” UK market share gain. Over the period, there were improvements in both ecommerce and retail channels compared to…
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