Turnaround
Turnaround in the UK retail sector refers to the strategies and interventions businesses deploy to recover from financial distress, operational challenges, or market disruption. For store owners, retail executives, and supply chain professionals, understanding turnaround efforts is crucial to navigating periods of change and identifying opportunities for growth or collaboration. Retail Sector’s coverage of turnaround includes breaking news on struggling retailers, analysis of restructuring plans, insights into leadership changes, and case studies of successful recovery strategies. We provide retail professionals with the information they need to anticipate market shifts, assess risks, and learn from the operational and strategic decisions driving transformation across physical stores, ecommerce, and omnichannel retail.
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Nov- 2025 -3 NovemberDepartment Stores
John Lewis to launch VIP experiences for loyalty card members
John Lewis is set to open a VIP lounge at its flagship store on Oxford Street in London for loyalty card members, according to reports from The Telegraph. The company has revealed that it will be trialling the VIP area until Christmas, with customers able to get a complimentary glass…
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Oct- 2025 -28 OctoberFeatures
Tackling 2025’s top three peak pressures – are you prepared?
Retail logistics experts from Advanced Supply Chain (ASC) and ReBound Returns outline strategies for retailers to overcome this year’s peak pressure points. 1) Sales surges Retailers have, in recent years, successfully stretched one-day price cuts to weekend sales events, through to month-long promotions – smoothing intense spikes. However, industry data…
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Sep- 2025 -30 SeptemberPeople Moves
Pandora appoints Berta de Pablos-Barbier as new CEO
Pandora has appointed its current chief marketing officer Berta de Pablos-Barbier as its new chief executive officer. The news comes after the group announced the retirement chief executive Alexander Lacik in March 2026 Lacik, who has led the Danish jewellery company since 2019, will step down at the firm’s annual…
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30 SeptemberClothing & Shoes
ASOS forecasts lower FY earnings amid turnaround plan
ASOS has warned that full-year earnings and sales may lag behind expectations, despite reporting higher gross profit margins and reduced costs over the period. While EBITDA has risen by more than 60% year-on-year, it is expected to be on the lower end of a £130m to £150m guided range, with…
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25 SeptemberClothing & Shoes
H&M profits soar 40% in Q3 despite muted sales
H&M has seen operating profits rocket by 40% to SEK 4.914bn (£389m) in its third quarter, despite sales only rising by 2% to SEK 57,017m (£4.51bn) over the period. The lower sales came as the group operated from 4% fewer stores at the end of the quarter compared with last…
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8 SeptemberHigh Street
Modella and Doug Putman vie for collapsed Claire’s UK stores
Modella Capital along with Doug Putman, the businessman who rescued HMV, are both reportedly bidding to take over Claire’s UK operations after the fashion accessories chain fell into administration, according to Sky News. Modella Capital, which this year agreed to buy WH Smith’s 480 UK high street stores and plans…
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4 SeptemberHealth & Beauty
H&B to roll out revamped beauty format after trial boosts sales
Holland and Barrett has announced plans to expand its revamped beauty format across major UK stores next year, following a successful trial that delivered a 7% revenue uplift in pilot locations. The retailer said the new format reflects a shift towards “inside-out” beauty – a model that combines topical products…
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Aug- 2025 -27 AugustClothing & Shoes
Debenhams mulls PLT sale as pre-tax losses widen
Debenhams revealed it is planning to offload PrettyLittleThing (PLT) after reporting pre-tax losses of £264m for the year to 28 February 2025, up from £164m a year earlier. The group attributed the loss to a one-off exceptional item linked to strategic decisions, including the closure of its US distribution centre…
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21 AugustPeople Moves
Waitrose managing director James Bailey to step down
The John Lewis Partnership has announced that James Bailey will step down as managing director of Waitrose at the end of September after more than five years in the role. Bailey joined in 2020 and led the supermarket through the pandemic and the cost of living crisis. Under his leadership,…
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21 AugustDepartment Stores
Debenhams completes £175m refinancing deal
Debenhams Group has completed a new three-year facility providing access to funding of up to £175m, led by former owner TPG. The new facility, which extends maturity to August 2028, replaces its previous £125m revolving credit facility originally due to mature in October 2026. Executed by the new management team…
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