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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Jun- 2023 -13 June
Lloyds pharmacy shuts all 237 Sainsbury branches
LloydsPharmacy has confirmed that all its stores located in Sainsbury’s stores will cease to exist from today (13 June 2023). The closures, which were previously agreed, were supposed to be phased out over the year, however, the date has been brought forward and branches are closing sooner than expected. The…
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13 June
Sweaty Betty appoints new global brand president
Wolverine Worldwide has announced the appointment of Melissa Mullen as the new global brand president for its Sweaty Betty brand. Mullen most recently served as vice president and general manager of UK and Ireland for Jo Malone London, a lifestyle brand owned by the Estée Lauder Companies. At Jo Malone…
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13 June
Borough Yards welcomes 12 new brands
South London’s Borough Yards, a 140,000 sq ft regeneration project, has welcomed 12 additional brands that will see the mixed-use district expand its beauty, food, fashion and homeware operators. The new tenants include Ace and Tate, After School Cookie Club, Amorino, Atis, Bancone, Hagen, Kitchen Provisions, Longboys, Lids, Malin and…
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13 June
Farah opens new London store in Soho
Shaftesbury Capital, the leading central London mixed-use REIT, has announced the opening of menswear brand Farah’s new site in Soho, London. The 1,100 sq ft store, split across the basement and ground level, is part of the newly refurbished retail units at the south end of Berwick Street. Originally founded…
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13 June
THG’s Ingenuity partners with PwC to boost digital commerce
THG’s complete commerce division, Ingenuity, has formed a strategic alliance with PwC to help its brands design, build and run immersive customer experiences online. It said the move will help brands across sectors and categories access leading technology throughout the direct-to-consumer (DTC) spectrum. PwC will lead on the business strategy,…
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12 June
Footfall records highest annual rise since easter despite 5.2% decline
MRI Springboard has recorded the highest rise in annual footfall since Easter with a +6.3% increase versus 2022 despite footfall across UK retail destinations declining by -5.2% last week from the week before. Across the week, footfall was lower than the week before on every day between Sunday and Friday,…
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12 June
Lush launches Asteroid City-inspired pop-up in London
Lush has recently launched a new pop-up shop in Soho, London, to celebrate Wes Anderson’s latest film Asteroid City. In collaboration with film production company Focus Features and Indian Paintbrush, the Lush X Asteroid City gift shop was launched on the 8th of June and will last five weeks. In…
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12 June
Skims launches first London pop-up store
Skims has announced the opening of its first-ever European pop-up experience at the iconic Corner Shop at Selfridges London. The Skims residency in The Selfridges Corner Shop is described as “the most conceptual Skims pop-up experience to date”, designed in partnership with the brand’s long-time collaborator, Willo Perron of Perron-Roettinger. …
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12 June
Dreams appoints new CFO and CIO
Bed retailer Dreams has announced the appointment of Petra Kasperova as the new chief financial officer, effective from the end of June, and Dan West as chief information officer. Kasperova has been promoted to CFO from her role as director of finance and insight, having 19 years of experience at…
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12 June
Jollyes FY sales hit £115m
Jollyes has posted sales of £115m for the year ended 29 May 2023, up 33% from £85m for the previous period. This is the first time that the company has seen sales pass the £100m barrier. Furthermore, its like-for-like sales grew by 17% over the full year, over double the…
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