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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Apr- 2023 -24 April
Retail profit warnings fall to lowest level since 2020
UK-listed retailers issued five profit warnings in Q1 2023, marking a decrease from the nine issued in both Q4 2022 and Q1 2022, according to the latest data from EY. Despite representing the sector’s lowest quarterly total since Q4 2020, it said “persistent inflation, high interest rates and tightening consumer…
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24 April
Levi Strauss appoints new chief marketing officer
Levi Strauss & Co has recently announced the appointment of Kenny Mitchell as senior vice president and chief marketing officer of the brand, effective from June 5. Mitchell will be responsible for advancing the brand’s consumer marketing strategies, focused on building denim leadership equity, cementing its position as a lifestyle…
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24 April
THG appoints new senior independent director
THG has announced the appointment of Sue Farr as senior independent director with immediate effect. She has spent 16 years in various non-executive director roles, following a career in media, advertising and marketing. Her current non-executive directorships include senior independent director at British American Tobacco plc, interim senior independent director…
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24 April
Peacocks to open new locations at former M&Co sites
High street fashion retailer Peacocks is reportedly looking to expand to more than 20 locations in former M&Co stores, according to Drapers. Peacocks is set to start trading in an old M&Co store in Stornoway, Scotland, in the coming months. According to Drapers’ report, the retailer is also in advanced…
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24 April
Farmison & Co acquired by consortium led by former Asda CEO
Farmison and Co, a sustainable online meat retailer, has been acquired by a consortium led by former Asda CEO Andy Clarke, alongside Chilli Marketing’s Gareth Whittle, Christian Barton and Kieron Barton for an undisclosed sum. In the coming weeks, the consortium will aim to recommence operations at Farmison’s production facility…
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21 April
UK retailers should prioritise loyalty programmes, says Eagle Eye
A new loyalty survey report from Eagle Eye, a global digital marketing technology company, found that 84% of consumers believe personalised recommendations will help them save at the shelf. The report, based on a survey of over 1,300 consumers and nearly 200 loyalty programme managers in North America, Asia, Australia…
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21 April
John Lewis latest business to exit CBI
John Lewis has become the latest business to today terminate its CBI membership in light of the recent allegations against the group. In a statement released today, the retailer said: “Due to the further very serious and ongoing allegations made relating to the CBI, we have decided to end our…
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21 April
CBI hit with second rape allegation
The CBI is facing a second allegation of rape from a woman who claims she was assaulted by two male colleagues. According to the latest report from The Guardian, the offence took place at one of the CBI’s overseas offices and comes following reports of an alleged rape at a…
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21 April
Selfridges launches ‘Worn Again’ season
Selfridges has officially launched ‘Worn Again’, a season dedicated to secondhand shopping, swapping, repairing, upcycling and trading with the ‘Reselfridges’ products and services on 20 April. Instead of the retailer’s typical offerings, Worn Again’s creative scheme aims to explore different ways to keep products in circulation for longer by dialling…
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21 April
H&M creates new youth destination with Weekday and Monki merger
H&M has announced plans to create a new youth destination by merging two of its portfolio brands, Weekday and Monki. According to H&M, the merger is aimed towards creating an “exciting, broadened experience, adapted to the young customers’ needs and preferences”. Additionally, it will also bring back its denim label…
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