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 -6 October
Frasers Group submits plans for new Warwickshire HQ
Frasers Group has submitted a planning application for a new global HQ campus in Rugby, Warwickshire. If approved, the headquarters is projected to create 7,500 jobs and create £300m in GVA for the region. Architects firm Grimshaw, which designed the Eden Project, London’s Excel Phase II and the Lloyds Banking…
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5 October
Today’s news in brief-05/10/23
Asda, post its separation from Walmart, has entered a multi-year partnership with Tata Consultancy Services (TCS) to revamp its IT operations. TCS will implement cloud-based ERP platforms to streamline various processes including supply chain forecasting, buying, and merchandising. This move aims to enhance customer experience, innovation capabilities, and maintain market…
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5 October
Talking Shop Episode 7 – Rosie Myers, Founder of nope.
In this episode of Talking Shop we’re joined by Rosie Myers, the founder of nope., a sustainable shampoo and conditioner bar company. We spoke to Rosie about the importance of connecting with your customers, her long-standing passion for retail, and her own personal journey that inspired the birth of the company.…
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5 October
Borough Yards welcomes three new tenants
Borough Yards, the new retail, leisure, office and dining district in Borough, has announced the arrival of three new tenants. Ted Baker-owned barbers Ted’s Grooming Room and skin specialists re:lax will arrive this autumn to bolster its beauty offer, while the London debut of West African-inspired restaurant Akara becomes the latest restaurant to open. …
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5 October
Dobbies officially opens largest store in Antrim
Dobbies has officially opened its largest ever store at The Junction Retail and Leisure Park in Antrim. The 110,000 sq ft flagship store is the retailer’s second venture in Northern Ireland and has created 120 new jobs, making it one of the largest employers within the Antrim and Newtownabbey borough.…
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5 October
Victoria Plumbing revenues rise 6% in FY23
Victoria Plumbing revenues have increased by 6% in the year ended 30 September, largely due to an increase in order volumes. The group noted that average order values have also remained in line with the previous year, with a continuation of the positive trends experienced in H1, including favourable market…
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5 October
Asda signs TCS deal to overhaul IT operating model
Asda has signed a multi-year partnership with Tata Consultancy Services (TCS) to support its digital transformation and implement a new organisation-wide IT operating model. The move follows its separation from former owner Walmart, with TCS noting its cloud, AI, and security solutions will now help ASDA deliver the divestiture “smoothly,…
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5 October
Oxford Street American candy store numbers drop amid council crackdown
The number of American candy stores on Oxford Street has dropped from 29 to 21 following a crackdown by Westminster City Council, according to a new Westminster’s overview and scrutiny committee report. Earlier this year, Westminster City Council further campaigned against US-style candy and souvenir stores by appealing directly to…
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5 October
Hoka opens news London flagship store in Covent Garden
Hoka, a division of Deckers Brands, has announced the launch of its first ever retail location in Europe at Shaftesbury Capital’s Covent Garden, located at 2-3 James Street. The 1,750 sq. ft flagship store showcases the full line of footwear, apparel, and accessories under one roof for the first time.…
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5 October
ON aims to double net sales in three years
Swiss running retailer ON has announced its target to double its net sales 2026 to at least £3.19bn. The company also expects to exceed 60% gross profit margin by 2026 and reach an apparel share of 10% or more. Furthermore, ON wants to reach an adjusted EBITDA margin of +18%…
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