News
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.
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May- 2025 -20 May
M&S MD welcomes EU-UK summit deal
Marks and Spencer’s managing director has welcomed the results of yesterday’s (19 May) EU-UK summit announcement, which will allow the…
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19 May
Frasers Group CEO Michael Murray joins Hugo Boss supervisory board
Frasers Group has announced that its CEO Michael Murray has joined the supervisory board of Hugo Boss. Frasers proposed Murray…
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19 May
Poundland store closures ‘likely’ as sale nears completion
Poundland store closures are reportedly “likely” as Gordon Brothers, the former owner of Laura Ashley, has emerged as a frontrunner…
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19 May
M&S boss faces pay package hit amid cyber attack
Marks and Spencer boss Stuart Machin’s pay is reportedly expected to be cut by up to £1.06m after a cyber…
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19 May
Retailers urge Reeves to reinstate VAT-free shopping
Retailers are urging chancellor Rachel Reeves to reinstate tax-free shopping for tourists as US escalating tariffs continue to cause disrupture,…
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16 May
Landsec to invest £1bn in its retail estate amid strong FY25
Property group Landsec has announced plans to increase its investment in its retail estate by £1bn amid strong FY25 performance. …
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16 May
Holland and Barrett FY revenues rise by 10% to £884m
Holland and Barrett has seen revenues rise by 10% to £884.5m in what has been a “landmark year” for the…
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16 May
Next suffers shareholder rebellion over pay transparency
Next’s shareholders have pushed back against what some deemed as a lack of transparency over its staff pay after more…
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16 May
Retail Trust to offer free training on how to deal with abuse at work
The Retail Trust is set to offer UK shop workers and delivery drivers free training on how to handle abuse…
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15 May
Today’s news in brief-15/5/25
B&M has appointed former Tesco executive Tjeerd Jegen as its new CEO, effective 16 June 2025. Jegen brings 25 years…
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