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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Aug- 2021 -17 August
Post Office and DPD partner for ‘click and collect’ services
The Post Office and DPD have announced a new partnership that will see parcels delivered directly to its branches for click-and-collect services, opening up its network to external carriers for the first time in its 360-year history. The service will initially be available at around 250 Post Offices this month…
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17 August
Asos confirms exit of chairman Adam Crozier
Asos has confirmed the exit of chairman Adam Crozier, as the head jumps ship to take up the same role at telecommunications company BT. In a statement made to investors, the online retailer said that Crozier informed the board that he “intends” to step down from the position he served…
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17 August
Poundland taps into schoolwear market with new range
Poundland has tapped into a new market with its back-to-school range which launched this week. The new range offers schoolwear essentials such as polo shirts from £1, trousers and skirts from £3 and a seven sock pack from £2. The group became a one of the UK top 20 clothing…
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16 August
Rip Curl appoints new CEO
Rip Curl, the retailer of surfing sportswear, has announced the appointment of Brooke Farris as chief executive officer. The news follows the previously announced promotion of Michael Daly from this role to group chief executive officer and managing director of Kathmandu Holdings Limited. Farris will report directly to Daly within…
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16 August
Origin’40 to launch 50 new UK sites by 2023
Origin’40, a CBD specialist retailer, has announced its plans to launch 50 UK sites by the end of 2023. Having opened three stores earlier this year, located in Chiswick, Portobello Road and Putney, the retailer said it is now eyeing more London sites including Islington and Camden. The group will…
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16 August
M&S to grow ‘brands at M&S’ portfolio by six
Marks and Spencer has named six additional clothing and footwear brands that will become available via the group’s website within the coming weeks. Albaray, Celtic and Co, Craghoppers, Fat Face, Frugi, and Jones Bootmaker will be stocked as a part of the retailer’s plans to “curate a platform of brands”…
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16 August
Cox & Cox sees Q2 sales rise 54%
Online homewares retailer Cox & Cox has reported that sales have risen 54% year-on-year in Q2, and are 104% on year-to-date. The number of orders also increased, up 41.9% year-on-year. Outdoor sales also remained strong despite the early sales in Q1, with stock generally pre-selling before containers arrived as customers…
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16 August
Issa brothers eye retail veteran Ian McLeod as Asda chief
Asda owners, the Issa Brothers, are reportedly considering former Halfords boss Ian McLeod as the supermarket chain’s new chief executive. According to The Sunday Times, Asda has already held talks with McLeod who is currently the chief executive of Asian retailer Dairy Farm International. McLeod also has previous experience of…
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16 August
CD&R looks to counter Fortress bid for Morrisons
Clayton Dubilier and Rice (CD&R), an American private equity company, is believed to be gearing up to place a counter bid on rival Fortress’s £6.7bn offer for Morrisons before its deadline on Friday (20th August). According to The Times, Clayton Dubilier and Rice will have to raise its bid to…
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16 August
Pret to create 2,000 new roles through expansion
Pret A Manger is reportedly planning to open up to 100 new shops across the UK, in a move that is set to create around 2,000 new jobs. According to the Sunday Times, the chain is set to open up the new sites with the help of its franchisees. The…
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