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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Jul- 2025 -28 July
Superdrug to open 9,000 sq ft store at Highcross Leicester
Superdrug will officially open a 9,000 sq ft store at Highcross Leicester this autumn, taking over two units on the lower mall formerly occupied by Paperchase and Designer Furniture Store. The health and beauty chain has signed a 10-year lease as part of its continued investment in physical retail. It…
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28 July
BRC welcomes Lords’ changes to Employment Rights Bill
The British Retail Consortium (BRC) has welcomed amendments put forward by the House of Lords to the Employment Rights Bill, describing them as “positive, practical and pragmatic” steps to protect local, flexible and part-time jobs. Key changes proposed by peers include turning a right to guaranteed hours into a right…
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28 July
Pepco calls in advisors to oversee Poundland transition
Pepco Group is reportedly set to draft in advisers to help oversee Poundland’s transition to its new owner, in a process that will lead to store closures and job cuts. According to Sky News, the company has asked FRP Advisory to act as an observer for the move, only weeks…
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28 July
LVMH in talks to sell Marc Jacobs for around $1bn
LVMH Moët Hennessy Louis Vuitton is reportedly in talks to sell fashion label Marc Jacobs, in a deal that could be worth around $1bn (£744.7m), according to the Wall Street Journal. The outlet said the French luxury group has held discussions with several interested parties, including Reebok’s owner Authentic, Bluestar…
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25 July
Depop appoints new chief executive
Depop, the community-based fashion resale marketplace, has appointed Peter Semple as chief executive officer, effective 1 August, following his tenure as interim chief executive. Semple first joined the fashion resale platform as chief marketing officer, later assuming interim leadership. He replaces former chief executive Kruti Patel Goyal, who left the…
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25 July
Boots unveils its first-ever fragrance-only concept store
Boots has announced the launch of its first-ever fragrance-only boutique – Boots Fragrance, opening in Broadgate Central, London, in autumn 2025. The launch of Boots Fragrance follows the opening of its beauty-only store at Battersea Power Station in 2023, as Boots continues to develop and launch innovative new store concepts.…
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25 July
Retail sales jump 0.9% in June
Retail sales volumes rose by 0.9% in June 2025, according to the Office for National Statistics (ONS), following a revised 2.8% decline in May. Food store sales increased, with retailers attributing the rise to warm weather after a fall in May. Over the quarter, sales volumes were up 0.2% in…
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25 July
LVMH H1 revenues dip 4% to €39.8bn amid softened luxury demand
LVMH has reported a 4% fall in revenues to €39.8bn (£34.7bn) for the first half of 2025, which the luxury fashion group attributed to geopolitical and economic disruption. Profits from recurring operations dropped 15% to €9bn (£7.8bn), representing an operating margin of 22.6%, while net profit attributable to the group…
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25 July
Lidl to cut head office roles as it streamlines operations
Lidl is planning to cut a number of head office roles as part of a wider strategy to support its UK expansion. According to the supermarket chain, no customer-facing roles would be affected by the move, which comes as it reviews its operations to ensure it is “set up with…
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25 July
Shoplifting cases jump 20% to record 530,000, ONS finds
Shoplifting offences in England and Wales have surged 20% to their highest level in more than two decades, according to the latest official figures from the Office for National Statistics (ONS). According to data for the year to March 2025, police recorded exactly 530,643 shoplifting offences, which spells a 20%…
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