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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Sep- 2023 -5 September
Sainsbury’s invests £6m in dairy farmers
Sainsbury’s dairy farmers will be paid more from next month following a further £6m annual investment made by the supermarket chain to support farms for the future. This latest investment in dairy pay is on top of an £8.9m booster payment given to SDDG farmers in April last year. Some…
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5 September
Gloucester Quays strikes a series of new deals
Peel L&P has announced a series of new deals at Gloucester Quays, as eight brands have committed to the premier urban outlet in the South West. Taking new space at the destination is Claire’s, the global jewellery and fashion accessories brand. Operating from a 1,050 sq ft unit, Claire’s Gloucester…
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5 September
B&M eyes Wilko deal as Putman offer falters
B&M could reportedly be in line to acquire a number of Wilko stores after rescue talks with HMV owner Doug Putman hit difficulties this week. According to Sky News, B&M could acquire around 50 Wilko shops, with industry sources adding that Wilko’s administrators could soon announce the first round of…
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5 September
Morrisons launches new round of price cuts
Morrisons is cutting the price on more than 170 products this week, as part of its eight round of price reductions of the year. The supermarket has lowered the prices of over 1,000 products since January, in a bid to help customers plan their budgets. The grocer has also recently…
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5 September
Intimissimi reopens Bond Street store following refurb
Intimissimi UK has reopened its physical store near Bond Street underground station following a refurbishment. The lingerie store is located in the same central location, but with a “much-improved” look and product offering than before. Mirroring the Intimissimi flagship store, which is located next to the Oxford Circus roundabout, the…
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5 September
Lidl opens largest warehouse with £300m Luton site
Lidl has announced that it has opened a new £300m warehouse in Luton, its largest warehouse in the world. The 1.2 million sq ft RDC is located in Houghton Regis, Luton, and will be delivering over 9,400 pallets a day across 150 stores. It will be the first Lidl GB…
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5 September
UK retail sales soar by 4.1% in August
UK total retail sales has seen an increase of 4.1% in August, against a growth of 1.0% in August 2022, according to the BRC-KPMG retail sales monitor. This was above the three month average growth of 3.6% and in line with the 12-month average growth of 4.1%. Food sales also…
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4 September
Reiss opens new location at centre:mk
Reiss, the premium international fashion brand, has opened its brand-new store and key regional site in centre:mk, one of the UK’s top ten retail and leisure destinations. The 1,884 sq. ft. store, situated on centre:mk’s premium Silbury Arcade, features Reiss’ attainable-luxury collection of modern menswear, womenswear, accessories, and childrenswear. Fitted…
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4 September
EY under fire over Wilko accounts oversight
EY, the auditor of Wilko, has reportedly come under fire for signing off the retailer’s accounts despite the firm warning that it did not have enough funds to cope with a sharp drop in sales. According to reports from This is Money, Wilko has been at risk of insolvency since…
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4 September
Tesco staff offered body cameras as physical assaults rise
Tesco’s chief executive, Ken Murphy, has confirmed that the supermarket chain has equipped its members of staff with body-worn cameras, after seeing physical assaults rise by a third in a year. Writing to the Mail on Sunday, Murphy said that as a result, he has called for a change in…
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