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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Nov- 2024 -12 November
Angel Central completes ground floor leasing with Therapie Clinic signing
Angel Central, the retail and leisure destination in Islington, has signed Therapie Clinic, completing the leasing of the destination’s 90,000…
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12 November
Supermarket sales hit 2024 high as shoppers ready for Christmas
Take-home sales at the grocers increased by 2.0% over the four weeks to 3 November 2024 to reach £11.6bn, making…
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12 November
Majestic Wine partners with The Range for new Plymouth opening
Majestic Wine has partnered with The Range to launch its first store in Plymouth. The wine retailer opened the doors…
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12 November
Apparel Brands acquires kidswear brand Hype
Apparel Brands has announced its acquisition of kids backpack and streetwear label, Hype, for an undisclosed amount. As a result…
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12 November
Asda appoints interim vice president of online
Asda has announced the appointment of Barney Burgess as vice president of online on an interim basis until David Devany…
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11 November
HMV to expand into book sales
HMV is set to embark on a new chapter as it expands into the sale of books this November. The…
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11 November
Tesco to face £1bn increase to NI bill following Labour’s Budget
Tesco is expecting to see an increase of £1bn in its national insurance bill over the next four years following…
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11 November
Asda eyes more job cuts as Q3 sales fall 4.8%
Asda is reportedly planning further job cuts after confirming last week that some 475 roles in its Leeds and Leicestershire…
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11 November
Boohoo excludes Frasers from shareholder meetings amid ongoing row
Boohoo is reportedly set to meet its shareholders this week, but is excluding a meeting with majority shareholder Frasers Group…
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11 November
Ikea profits rise despite sales falling 8.9% in FY24
Inter Ikea, owner of the Swedish furniture brand, has reported higher profits despite a decline in revenues during the year…
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