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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Jan- 2025 -27 January
Dr Martens Q3 group revenue rises 3%
Dr Martens has revealed that its group revenue increased 3% on a constant currency basis to £267m during the 13…
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27 January
Asda relaunches hunt for new CEO
Allan Leighton, Asda’s chair, has reportedly restarted the hunt for a new CEO after a failed effort by his predecessor,…
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27 January
The Original Factory Shop nears sale to Baaj Capital
The Original Factory Shop (TOFS) is close to being sold after more than 17 years of ownership of private equity…
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27 January
Lakeland owner brings chain to market ahead of tax rises
The family behind kitchenware retailer, Lakeland, has reportedly recruited advisers to explore a sale after more than 60 years as…
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27 January
Hotel Chocolat to open 25 stores this year amid record Xmas sales
Hotel Chocolat posted record UK Christmas sales for the 4 weeks to 29 December and has revealed it is set…
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27 January
WH Smith explores sale of high street arm
WH Smith has confirmed that it is exploring the potential sale of its high street stores as it looks to…
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24 January
Today’s news in brief-24/1/25
Morrisons has announced plans to cut over 200 jobs as part of a restructuring effort aimed at reducing costs and…
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24 January
Glasgow Fort sees 10% footfall increase in December
Glasgow Fort retail park has ended the year on a high, with December footfall increasing by 10.3% compared to the…
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24 January
Victoria’s Secret to open first premier midlands store at Derbion
Victoria’s Secret is set to open its first premier Midlands store at Derbion shopping centre. The lingerie retailer will take…
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24 January
Iceland shares more than 600 job openings amid sector cuts
Iceland has shared that more than 600 jobs are available across its operations nationwide. This comes amid reports that both…
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