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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Aug- 2025 -21 AugustHigh Street
Mama and Papas CEO to step down amid fresh growth plans
Mamas and Papas has announced that its chief executive officer, Nathan Williams, is to step down after seven years in the role, as the nursery brand sets out a new strategy focused on overseas expansion and digital investment. Williams, who joined the business in 2017, will remain in post while…
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18 AugustDepartment Stores
John Lewis to add 100 new clothing brands to lineup
John Lewis is reportedly adding 100 new clothing brands to its stores in a bid to compete with Next and Marks and Spencer. According to The Telegraph, the retailer is preparing to add dozens of new menswear and womenswear clothing ranges from British brands to help boost fashion sales. New…
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11 AugustSupermarkets
Asda nears £1bn IT upgrade completion
Asda is reportedly nearing completion of its £1bn IT upgrade, six months later than originally planned, according to reports from The Telegraph. The supermarket is expected to finish separating its own computer systems from the systems of former owner Walmart within the next couple of weeks. The company has spent…
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7 AugustHealth & Beauty
The Body Shop hires ex-L’Occitane MD to lead brand strategy
The Body Shop has announced the appointment of former L’Occitane managing director, Alia Sirina Hawa, to the role of chief commercial and brand officer, as the beauty retailer looks to grow under new ownership. Hawa, who has just joined the group this August, brings more than 15 years of experience…
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5 AugustNews
Asda in talks over £400m property deal with Blue Owl Capital
Asda is reportedly in advanced discussions to sell around 20 stores to US investment firm Blue Owl Capital in a deal worth approximately £400m, according to Sky News. The sale-and-leaseback transaction would see the Leeds-based supermarket retain control of the sites while raising funds to support its ongoing turnaround efforts.…
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Jul- 2025 -29 JulyFeatures
Claire’s on the brink: can the chain avoid another collapse?
For decades, Claire’s has been the go-to destination for sparkly earrings, scrunchies and ear piercings – a rite of passage for generations of teenagers. But the glitter is starting to fade. The jewellery and accessories retailer, which operates nearly 300 shops in the UK and more than 2,300 worldwide, has…
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25 JulyFeatures
What Sycamore’s $10bn WBA takeover means for the UK high street
A $10bn (£7.4bn) takeover of Walgreens Boots Alliance (WBA) by Sycamore Partners has been officially approved, with 96% of shareholders voting in favour. This decisive vote underscores the significance of the deal, which is poised to transform a major entity at the intersection of retail and healthcare. Expected to close…
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23 JulyClothing & Shoes
Boohooman launches new online marketplace Brand Locker
BoohooMan has launched an online marketplace featuring more than 500 brands, as part of a wider shift by its parent company to a marketplace model. Debenhams Group, which operates Boohooman, said the new platform – Brand Locker – currently lists 563 brands across activewear, streetwear, footwear, accessories, nutrition and fitness…
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22 JulySupermarkets
Asda to offer additional training to underperforming staff
Asda is planning to offer underperforming staff in its home shopping team additional training as part of efforts to improve efficiency and win back customers, according to the Telegraph. The supermarket will use data to assess how quickly staff pick and pack online orders, the accuracy of item selection and…
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21 JulyLuxury Goods
Burberry CEO calls for VAT-free shopping return
Burberry CEO Joshua Schulman has called on the government to reinstate VAT-free shopping for international visitors claiming it will help Britain become Europe’s top shopping destination once again. Schulman told The Times that international consumers were “still not shopping in the UK to the extent that we would like” as…
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