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Top 30 UK Retailers 2023-2024 - Retail Sector
Introductory Analysis. Amazon’s Dominance: Amazon’s FY revenue of £451.4 billion makes it not only the largest retailer by revenue but also highlights its significant 12% year-on-year growth.This underscores Amazon’s continued dominance in the UK retail sector, despite being a non-UK-based company.
News - Retail Sector
2025年1月15日 · The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector's business journalists keep you in the picture.
Today’s news in brief-17/1/25 - Retail Sector
5 天之前 · Aldi has announced plans to open nine new stores in London in 2025 as part of a £650m investment across the UK. The initiative includes £55m dedicated to developments within the M25, such as a Colindale store expansion. With ambitions to open 100 more stores in London, Aldi aims to create 3,500 jobs while providing affordable groceries to more city residents.
Today’s news in brief-14/1/25 - Retail Sector
2025年1月14日 · JD Sports adjusted its profit expectations for FY24 to £915m-£935m, down from an earlier forecast of £955m-£1bn, citing challenging market conditions during the holiday season. Sales in the nine weeks to January 4 dipped 1.5%, though December saw a 1.5% rise in like-for-like sales. Organic revenue grew 3.4%, driven by strength in Europe and Asia Pacific, despite weaker performance in the ...
Today’s news in brief-16/1/25 - Retail Sector
6 天之前 · Tesco has appointed Francesca Jones, formerly Deliveroo’s head of strategy, to lead its Whoosh delivery service.Jones, who joined Tesco amid a record-breaking Christmas performance, brings expertise from her tenure at Deliveroo and Aldi. Tesco’s Whoosh, launched in 2021, has grown significantly, now operating in over 1,400 express stores.
Today’s news in brief-10/1/25 - Retail Sector
2025年1月10日 · Shein is reportedly planning a London IPO by mid-2025, with Easter 20 April as a possible completion date if regulatory approval is secured.Rachel Reeves, UK Shadow Chancellor, is visiting China for economic talks, accompanied by Britain’s Financial Conduct Authority head, potentially advancing Shein’s IPO progress.
Today’s news in brief-3/1/25 - Retail Sector
2025年1月3日 · Zara has unveiled its expanded flagship store at Liverpool One, increasing its footprint by 55% to 42,000 sq ft.The new store offers an extensive range of menswear, womenswear, and childrenswear across two floors and integrates modern technologies like self-service payment.
Today’s news in brief-2/1/25 - Retail Sector
2025年1月2日 · December 2024 saw a modest 0.4% year-on-year increase in footfall across UK retail destinations, bolstered by a 1.2% rise in retail parks and slight growth in high streets. However, shopping centers experienced a 0.1% decline, reflecting continued cost-of-living pressures. December footfall improved 7.1% month-on-month, with shopping centers seeing a notable 13.2% boost.
Today’s news in brief-7/1/25 - Retail Sector
2025年1月7日 · Quiz has announced plans to delist from the London Stock Exchange, citing regulatory costs and financial pressures.The move requires a 75% shareholder majority, with founder Tarak Ramzan and key investors supporting the decision. Quiz reported a £4.7m pre-tax loss in the six months to 30 September, driven by inflationary impacts and weak consumer demand, leading to an 8% revenue drop to £39.1m.