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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Jan- 2025 -17 January
Retail sales unexpectedly fall amid ‘poor’ supermarket sales
Retail sales fell 0.3% in December according to the latest figures from the Office for National Statistics. It follows a 0.1% increase in November, revised down from a previous estimate of a 0.2% rise. Analysts had been expecting sales to rise by 0.4% in the run up to Christmas as…
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17 January
CDS to open three more Range sites in former Homebase locations
CDS Superstores will be opening three new The Range sites in former Homebase stores in Stroud, Leicester and Blandford Forum on 31 January. The openings are the latest step in the group’s transformation of up to 70 ex-Homebase sites since CDS acquired them in November 2024. According to CDS Superstores,…
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17 January
N Brown appoints Dene Jones as CEO of Retail
N Brown Group has announced the appointment of Dene Jones as the group’s new CEO of Retail. Jones will succeed Sarah Welsh, who last year confirmed her decision to leave the group after five years in post. He will commence his new role on 1 February 2025, leading N Brown’s…
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17 January
DFS sales and profits rise in H1 amid market share gains
DFS has reported strong trading in its half-year results, largely driven by market share gains, lower operating costs and gross margin improvement, adding it was “cautiously optimistic” for the year ahead, despite inflationary pressures and a tough market outlook. In the half-year ended 29 December 2024, its profits are expected to…
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16 January
Centre:mk sees 20% footfall increase in 2025
Centre:mk has reported a “strong” start to 2025 with a 20% footfall increase, 10.8 percentage points ahead of high street destinations and 11.3 percentage points above shopping centres. This start to 2025 follows a positive 2024 at the centre. From 31 December 2023 to 28 December 2024, footfall at centre:mk…
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16 January
Today’s news in brief-16/1/25
The UK economy experienced modest growth in November 2024, with GDP rising by 0.1% following two months of decline. This upturn was driven by a 0.1% increase in services output, primarily bolstered by a 2% rise in accommodation and food services. Consumer-facing services grew by 0.5%, while wholesale and retail…
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16 January
Dunelm revenues rise due to online sales
Dunelm has seen its revenues rise 1.6% to £490m for the 13 weeks ended 28 December, and 2.4% to £894m for the first half overall. The retailer stated that this was driven by a 3% uplift in online sales across both periods. It also stated that ecommerce represented 39% of…
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16 January
Tesco hires Deliveroo’s head of strategy to lead Whoosh
Tesco has hired Deliveroo’s global head of strategy Francesca Jones to lead its Whoosh delivery service. Jones joined Deliveroo in 2022 first as a global training and operational excellence manager before being promoted to head of strategy in 2023. Prior to that, she worked at Aldi as an area manager…
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16 January
Co-op launches new value campaign
Co-op has officially launched a new value campaign in a bid to change consumer and member price perceptions, and to show how its customers “will always get lower prices on the items they buy the most”. The campaign builds on Co-op’s newly-established platform – Owned By You. Right By You…
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16 January
High Streets UK launches to tackle key high street issues
Business representatives from the nation’s flagship high streets have come together to launch High Streets UK, a new partnership which aims to tackle the “most pressing” issues facing the nation’s flagship high streets. Founding members of High Streets UK include leading Business Improvement Districts from Birmingham, Bristol, Cardiff, Edinburgh, Liverpool,…
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