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- 2024 -28 May
M&S and Next eye The Body Shop rescue deal
Both M&S and Next are reportedly considering launching rescue bids for the embattled retailer The Body Shop, as administrators get…
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28 May
Ted Baker lender expressed ‘concern’ over administrators
Ted Baker’s largest lender, Secure Trust Bank, has fallen out with its administrators over an alleged conflict of interest, according…
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28 May
Gov should be talking about ‘falling apprenticeships’, says John Lewis boss
The outgoing chair of John Lewis, Dame Sharon White, has claimed that the government should be discussing the reasons why…
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28 May
Victorian Plumbing revenues dip to £144.6m in H1
Victorian Plumbing’s revenues dipped 1% to £144.6m in the six month period ended 31 March. Gross profits were up 8%…
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28 May
Boohoo shareholders to revolt over exec bonuses
Boohoo is facing a backlash from its investors after awarding millions of pounds in bonuses to executives despite widened losses,…
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28 May
Shop price inflation returns to ‘normal levels’, BRC finds
Shop price annual inflation eased from 0.8% in April to 0.6% in May, according to the British Retail Consortium’s (BRC)…
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24 May
Today’s news in brief-24/5/24
In April, retail sales volumes dropped by 2.3% following a 0.2% decline in March, primarily due to ongoing wet weather,…
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24 May
Ryman Design opens new store in Edinburgh
High-street stationer Ryman has announced the launch of a new Ryman Design Store, set to open in Edinburgh today (24…
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24 May
VF Corp appoints Paul Vogel as CFO
VF Corporation has announced the appointment of Paul Vogel as its new chief financial officer, effective 8 July, 2024. He…
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24 May
Morrisons warehouse staff strike over pensions
Morrisons has warned of disruption as almost 1000 warehouse workers have walked out for the next three days in a…
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