Browsing: retail sector News
Homebase is preparing to appoint administrators in a move that casts uncertainty over the future of its stores and workforce in the UK.The company is expected…
New Look updates its office attendance policy for its Buying, Merchandising, and Design (BMD) department, increasing on-site workdays from three to four.Currently, the BMD team operates…
As Chancellor Rachel Reeves prepares to unveil her budget, UK retail leaders are closely watching for reforms.Retail giants express significant concerns over potential increases in National…
In recent developments, the UK has experienced a notable dip in shop price inflation, reaching a three-year low. This change is primarily driven by a significant…
The recent budget announcement from the Chancellor has sent ripples through the retail sector. Raising national insurance contributions presents substantial cost increases for businesses.Primark’s owner has…
Boohoo’s recent leadership reshuffle has ignited discussions across the retail sector. The fast-fashion giant’s decision to appoint Dan Finley as CEO instead of pursuing Mike Ashley’s…
As Chancellor Rachel Reeves gears up to unveil her inaugural budget, anticipation brews within the retail sector. With hopes pinned on significant fiscal reforms, industry leaders…
With the government’s impending National Insurance increase, major UK supermarkets are set to face substantial financial ramifications. This tax hike, expected to be unveiled in the…
The removal of VAT-free shopping for tourists post-Brexit has thrust the UK into what many view as a ‘massive global disadvantage’. Retail leaders now urge action.In…
The DFS Group is bidding farewell to CFO John Fallon, who is set to leave mid-January 2025.Fallon, with DFS since November 2022, will continue his duties…
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