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.
-
Dec- 2024 -12 December
Debenhams has ‘greater value’ than current group valuation, says Boohoo CEO
Boohoo group CEO Dan Finley has said that Debenhams single-handedly brings “greater value” than the market cap of the rest…
Read More » -
12 December
Selfridges co-owner admits £4bn price was ‘too high’
Tos Chirathivat, the executive chair and CEO of Thai family conglomerate Central Group, said in a conversation with The Financial…
Read More » -
12 December
Currys HY losses narrow as it warns of price rises
Currys has posted a loss before tax of £10m for the half year ended 26 October 2024, up from £44m…
Read More » -
11 December
Zara owner Inditex misses expectations despite 7% surge in revenues
Inditex, the owner of fashion brands Zara, Stradivarius and Berksha, has seen its shares slide 6% in trading after its…
Read More » -
11 December
Zalando to acquire About You in €1.2bn deal
Zalando has announced its intention to submit a voluntary public offer to acquire up to 100% of German retailer About…
Read More » -
11 December
Walgreens takeover bid could trigger Boots auction
A $10bn plus takeover bid for Walgreens Boots Alliance (WBA) from private equity firm Sycamore Partners could lead to an…
Read More » -
10 December
Today’s news in brief-10/12/24
Supermarket sales are set to surpass £13bn in December for the first time, boosted by festive spending and rising grocery…
Read More » -
10 December
Rituals opens new store at The Liberty Romford
Beauty and wellbeing brand Rituals has opened its new store at Redical-operated The Liberty Romford shopping center. The 1,162 sq…
Read More » -
10 December
Moonpig H1 revenues rise 3.8% to £158m
Moonpig has reported that revenues rose by 3.8% year-on-year to £158m for the six months to 31 October, thanks to…
Read More » -
10 December
Pepco Group suffers £675m Poundland hit
Pepco Group has reported a £675m impairment charge on its UK subsidiary Poundland, as a result of “a significant decline…
Read More »
