LATEST RETAIL NEWS UK

M&S hails High Court victory in battle to demolish and redevelop Marble Arch store

Marks & Spencer has announced that the High Court has ruled that Michael Gove’s decision to block planning permission for the redevelopment of its Marble Arch... View Article
read more >
Asda to invest £150 million in staff pay

Asda to invest £150 million in staff pay

01 March 2024 by Angela Beevers

Asda is to invest £150 million in increasing retail pay as it opens its landmark 1,000th UK store. The move will result in an 8.4% increase for... View Article

Zara opens upsized store at Atria Watford

Zara opens upsized store at Atria Watford

01 March 2024 by Angela Beevers

Fashion retailer Zara has opened an upsized store at the Atria Watford shopping centre. Situated in a prime location in Charter Place, the two-storey shop stocks... View Article

Sainsbury’s proposes changes to cut 1,500 roles

Sainsbury’s proposes changes to cut 1,500 roles

01 March 2024 by Angela Beevers

Sainsbury’s is proposing to cut 1.500 roles as it looks to adapt its business as part of its Next Level Sainsbury’s strategy. The plans include simplifying... View Article

Tapestry makes two new appointments to its board

Tapestry makes two new appointments to its board

01 March 2024 by Angela Beevers

Tapestry, the parent company of Coach, Kate Spade and Stuart Weitzman, has appointed Kevin Hourican and David Elkins to its board of directors. Hourican is the... View Article

Mango appoints fashion industry expert Achim Berg as external advisor to its CEO

Mango appoints fashion industry expert Achim Berg as external advisor to its CEO

01 March 2024 by Angela Beevers

The Mango fashion brand has appointed fashion industry expert Achim Berg as external advisor to its chief executive, Toni Ruiz, and its management team. With the... View Article

The Body Shop to close 75 stores and cut hundreds of jobs

The Body Shop to close 75 stores and cut hundreds of jobs

01 March 2024 by Angela Beevers

The Body Shop is to close 75 stores over the next four to six weeks with the loss of 489 jobs. However, FRP Advisory, the firm... View Article

Footasylum hails year of ‘record’ sales growth

Footasylum hails year of ‘record’ sales growth

29 February 2024 by Angela Beevers

Footasylum has reported an uplift in full year sales as profit as it continues its store opening programme across the UK. In the year to 27... View Article

Ocado posts full year sales growth as retail business returns to profit

Ocado posts full year sales growth as retail business returns to profit

29 February 2024 by Angela Beevers

Ocado Group has posted a 9.9% increase in annual group revenue to £2.8 billion following improved performances at its retail and technology businesses. In the year... View Article

The Very Group secures new investment

The Very Group secures new investment

29 February 2024 by Angela Beevers

The Very Group fashion and homewares retailer has secured a £125 million funding package to support its growth strategy. Some £85 million has been provided by... View Article

Tesco launches Accelerator Programme for developing brands

29 February 2024 By Angela Beevers

Tesco is championing  27 up-and-coming brands with the launch of its new Accelerator Programme. The supermarket said in a statement that the scheme will provide support... View Article

The Perfume Shop unveils experiential store at Rushmere Shopping Centre with a focus on sustainability

28 February 2024 By Natalie Fresen

In an exciting development for fragrance aficionados, The Perfume Shop has recently opened its doors to a new and improved experiential store located at the Rushmere... View Article

VIVERE Partners with Refuge for International Women’s Day 2024

28 February 2024 By Natalie Fresen

In a significant move to honour International Women’s Day 2024, the British womenswear brand VIVERE has announced a heartening collaboration with the UK-based charity Refuge. This... View Article

Interview: Georgia Leybourne, CMO at Linnworks

28 February 2024 By Natalie Fresen

Today, we’re joined by Georgia Leybourne, Chief Marketing Officer at Linnworks, a key player in ecommerce inventory management solutions. With her extensive background in retail, supply... View Article

TDR Capital acquires majority stake in pet retailer Jollyes

28 February 2024 By Angela Beevers

Private equity firm TDR Capital has acquired a majority stake in the Jollyes pet retailer. Expected to complete by the end of April, the deal will... View Article

Halfords warns on profit after wet weather impacts sales

28 February 2024 By Angela Beevers

Halfords has warned on profit after wet weather led to softer trading in three of its core markets. In its third quarter trading update on 25... View Article