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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Apr- 2025 -7 April
Lidl trials middle aisle click, reserve and collect service
Lidl has announced it will be trialling a Click, Reserve and Collect service via the Lidl Plus app for the first time ever, allowing customers reserve popular Middle of Lidl products up to two weeks before they hit stores. This latest trial builds on the success of Lidl Plus since…
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4 April
Today’s news in brief-4/4/25
Manchester-based online retailer THG has successfully completed its debt refinancing, extending arrangements until December 2029. The refinancing includes a partial extension of its Term Loan B to €445m (£376.6m), a £74m repayment of Term Loan A, and the extension of a £150m revolving credit facility to May 2029. The move…
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4 April
THG completes debt refinancing to 2029
Manchester-based online retailer THG has announced it has completed its debt refinancing arrangement up until December 2029. The news comes as THG revealed it has been undertaking a comprehensive refinancing exercise which includes a partial Amend and Extend of the Term Loan B to extend the maturity of €445m (£376.6m)…
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4 April
New Look to ‘supercharge’ digital growth with £30m investment
New Look has secured a £30m investment from shareholders to accelerate its digital transformation and optimise its online experience for customers. Over the last five years the brand has invested significantly to elevate its digital capabilities: upgrading its website and app, building a social media community of 7m followers, and…
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4 April
Nearly half of all retail staff worked while unwell last year
Nearly half (46%) of retail staff worked while unwell at the end of last year, which is 5% higher than the end of 2023, as fears around job cuts following the autumn Budget’s tax rises took hold. According to the new Retail People Index, published by the Retail Trust and…
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4 April
Carphone Warehouse founder to invest £5m in Jigsaw
Carphone Warehouse co-founder, David Ross, is reportedly investing about £5m in Jigsaw, which will result in him becoming the fashion retailer’s majority shareholder, according to Sky News. The multi-million pound investment comes seven years after Ross’ first cash injection, and it is understood that this financing will see him replace…
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4 April
Very Group expands creative capabilities by launching HelloStudio
The Very Group has announced the launch of HelloStudio, which aims to bring the power of its data-led creative capabilities to external brands. It said the new proposition will provide a multi-channel creative service which taps into the latest technology, offering “bespoke and tailored content that connects brands to their…
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3 April
Today’s news in brief-3/4/25
The Co-op has reported a sixfold surge in full-year pre-tax profits, rising to £161m from £28m the previous year, despite facing over £200m in new headwinds and investment costs. This growth was driven by increased operating profits, which climbed by £34m to £131m, alongside improved returns from Funeralcare plan investments.…
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3 April
John Smedley appoints new managing director
Fashion brand John Smedley has announced the appointment of Jess Mcguire Dudley as managing director, with immediate effect. Previously deputy managing director and global brand director, Dudley is the company’s first managing director from a creative background. She takes over from Ian Maclean MBE, a member of the Smedley family…
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3 April
Currys ups profit guidance after robust peak trading
Currys has announced that it has increased its profit guidance with its adjusted profit before tax expected to be £145-155m ahead of consensus expectations. This comes after the retailer saw its UK and Ireland revenues increase 2% in the 10 weeks ended 4 January 2025, what it considers to be…
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