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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Apr- 2024 -8 April
Currys shareholder calls for mobile phone business sale
Currys shareholder JO Hambro has called upon the business to sell its mobile phone business ID Mobile, according to The…
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8 April
John Lewis Partnership appoints Jason Tarry as chairman
The John Lewis Partnership has announced it has appointed ex-Tesco UK boss Jason Tarry as its seventh chairman following Sharon…
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8 April
Levi’s posts $11m loss despite increase in DTC revenue
Denim brand Levi Strauss and Co has reported a net loss of $11m (£8.71m) in Q1 2024 compared with net…
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8 April
Ocado faces shareholder revolt over proposed £15m bonus for CEO
Ocado could reportedly face a shareholder revolt later this month over a new pay scheme that includes a bonus of…
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8 April
BRC boss warns greenwashing crackdown will discourage retailers
The CEO of the British Retail Consortium, Helen Dickinson, has warned that the CMA’s crackdown on greenwashing risks retailers scaling…
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5 April
Today’s news in brief-5/4/24
Carpetright has enlisted the help of advisers to explore avenues for cutting costs amidst a challenging market. With weakening demand…
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5 April
Mango teams up with Victoria Beckham for new capsule collection
Mango is teaming up with Victoria Beckham to launch a new capsule collection, which will be available internationally on April…
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5 April
Logie Timber opens retail outlet near Forres
Scottish sawmill Logie Timber has opened a new retail outlet – Logie Timber Supplies – for woodwork and outdoor living…
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5 April
Theo Paphitis slams gov’s ‘disappointing’ attitude towards retail
Theo Paphitis has called out the government’s “disappointing” attitude towards the industry’s importance, Retail Week has reported. It comes as Paphitis’…
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5 April
Majestic acquires Vagabond Wines
Majestic, the UK’s largest specialist wine retailer, has bought Vagabond Wines out of administration, saving nine of its wine bars…
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