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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Mar- 2025 -14 March
Tesco to give away expiring food items to reach net zero targets
Tesco is to give away food for free to shoppers by introducing “yellow sticker” prices of £0 (at present limited…
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14 March
Shein chair publicly confirms IPO plans
Shein executive chairman Donald Tang has confirmed that the fast-fashion giant has plans to float on the stock market for…
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14 March
Aldi signs Armed Forces Covenant to support ex-military workers
Aldi has become a signatory of the Armed Forces covenant, highlighting its commitment to “uphold respect and fairness” for ex-military…
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13 March
Today’s news in brief-13/3/25
John Lewis Partnership has announced that its staff will not receive a bonus for the third consecutive year, despite tripling…
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13 March
Fossil group appoints new CFO
Fossil Group has announced the appointment of Randy Greben as the new chief financial officer effective from 17 March. Greben…
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13 March
Pets at Home puts 2,500 jobs under consultation to ‘simplify business’
Pets at Home has confirmed that it has put 2,500 jobs under consultation as it looks to streamline its store…
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13 March
Hobbycraft owner eyes potential restructuring
Hobbycraft owner, Modella Capital, has reportedly enlisted advisers from FRP to explore a restructuring at the crafts chain, Sky News…
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13 March
DFS Furniture profits surge to £17.0m in H1 FY25
DFS Furniture Group has seen its underlying profit performance, uPBT(A) almost doubled to £17m in H1 FY25 (H1 FY24: £8.7m),…
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13 March
John Lewis staff miss out on bonus despite tripled profits
The John Lewis Partnership has confirmed its staff will not receive a bonus for the third year in a row,…
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12 March
Today’s news in brief-12/3/25
Inditex, the parent company of Zara, reported a strong financial performance for FY24, with sales rising by 10.5% to €38.6bn…
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