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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Jun- 2024 -18 June
Frasers launches £80m share buyback scheme
Frasers Group has announced the launch of a new share buyback programme of up to £80m to reduce the share…
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17 June
Today’s news in brief-17/6/24
Superdry’s shareholders have approved a restructuring plan to rescue the company from financial difficulties. This plan, following the approval of…
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17 June
Sainsbury’s completes Cobham superstore renovation
Sainsbury’s has recently completed the renovation project of its Cobham supermarket to upgrade the entire store. Over the past few…
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17 June
Morrisons exec steps down after three months
The interim chief customer officer at Morrisons has stepped down from the role after only three months in the position.…
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17 June
Kingfisher names Bhavesh Mistry as new CFO
B&Q owner Kingfisher has announced the appointment of Bhavesh Mistry to the role of chief financial officer, with his exact…
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17 June
M&S appoints new stores director of West division
M&S has appointed Ikea’s UK&I country deputy retail manager Marsha Smith as the new stores director of the West division. …
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17 June
Peak international spending returns to pre-pandemic levels, ONS finds
Spending by international visitors in August, the traditional UK high season, has largely recovered since the Covid-19 pandemic, according to…
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17 June
YNAP closes China operations
Yoox-Net-A-Porter has shut down its operations in China as it looks to focus on more profitable markets according to reports…
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17 June
Superdry shareholders vote in favour of restructuring plan
Superdry has announced that its shareholders have voted in favour of its restructuring plan. The news comes after the group’s…
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14 June
Today’s news in brief-14/6/24
The British Retail Consortium (BRC) has expressed support for the Labour Party’s manifesto, which aims to bring significant changes to…
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