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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Sep- 2021 -8 September
UK shoppers buying internationally drops 14%
The proportion of UK shoppers buying internationally reportedly dropped 14% to just over one in 10 (31%) in 2021. According to research conducted by Sendcloud, a shipping platform for e-commerce businesses, 56% of EU consumers claimed to shop internationally, a fall of just 5% from 2020. The group’s annual e-commerce…
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7 September
Tihara Smith opens its first store in Seven Dials
Seven Dials retail destination has announced that Caribbean-inspired lifestyle brand Tihara Smith has opened its very first brick and mortar store on 37 Neal Street. Smith was the winner of the ‘Start-Up with Seven Dials’ competition series, which gave budding entrepreneurs the chance to set up their first shop and…
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7 September
Oxford Street to launch sustainability initiative
Oxford Street has announced the launch of a sustainability campaign on 15 September as a part of its ‘Beyond Now’ scheme. Designed to provide shoppers with more sustainable retail choices, the programme will feature contributions from a number of brands operating on the iconic London street. A range of sustainable…
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7 September
Morrisons battle set to be decided with auction
The bidding war between rival US private equity firms for the ‘Big Four’ grocer Morrisons is reportedly set to be decided with an upcoming auction. According to the Mail, The Takeover Panel will begin talks with both Fortress and Clayton, Dublier and Rice (CD&R) and the Morrisons board as early…
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7 September
Tesco calls for apprenticeship reform
A reform to the Apprenticeship Levy could lead to an additional 8,000 new apprenticeships across the retail sector every year, Tesco has said, with 500 apprenticeships created at Tesco alone. A new report for the group, produced by Public First, outlines the supermarket’s contribution at a national level and in…
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7 September
Ralph Lauren enters digital fashion with Zepeto partnership
Ralph Lauren has announced its collaboration with Zepeto, the global social networking and avatar simulation app, allowing users to wardrobe their 3D avatars with exclusive products. In the partnership, Ralph Lauren apparel is reimagined for the digital world of Zepeto, where users can immerse themselves in a virtual world with…
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7 September
Ted Baker Q2 revenues rise 50%
Ted Baker has reported that a 50% YOY increase in group revenues for the 16-week period from 25 April 2021 to 14 August 2021, as the company snapped back from the material negative impact of Covid-19. Trading momentum continued to build through the period, with the last four-week exit rate…
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7 September
Drive for net zero could harm high street accessibility, says Bira
The British Independent Retailers Association (Bira) has raised concerns over the impacts that local councils’ drive to achieve net zero could have on independent retailers. The industry body claimed that despite being “committed” to supporting its members in acting sustainable, it is “concerned” that schemes introduced by local authorities could…
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6 September
SRC recommends budget proposals to support retail recovery
The Scottish Retail Consortium (SRC) has published a number of recommendations for the 2022-2023 Scottish Government’s budget to support a sustainable retail recovery. Set across six key measures, the industry body has called for action to stimulate consumer spending, protect vulnerable consumers, and aid hard-pressed businesses. While the first proposal…
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6 September
Co-op partners with The Original Factory Shop on 30 concessions
Co-op has announced a new partnership with The Original Factory Shop to open 30 concessions inside the convenience retailer’s food stores over the next 15 months. The concessions will sell The Original Factory Shop’s range of bargain-based clothing, electrical and homewares and will also offer a party shop service and…
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