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- 2025 -22 April
Today’s news in brief-22/4/25
Marks & Spencer has apologised to customers after a technical glitch disrupted contactless payments and click-and-collect services over the Bank…
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22 April
Easter gives much needed footfall boost
The later timing of the Easter bank holiday weekend provided retailers with a much-needed footfall boost, with the number of…
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22 April
M&S apologises after glitch forces shoppers to abandon carts
Marks and Spencer has issued an apology to its customers after its contactless payments and click-and-collect services experienced a widespread…
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22 April
Asda to open 25 convenience stores as part of turnaround strategy
Asda is reportedly getting ready to expand its convenience store footprint with 25 openings in new locations between June and…
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22 April
InPost acquires Yodel to become third biggest UK courier
Polish logistics company InPost has acquired UK delivery company Yodel, making it the third-largest agnostic logistics player in the country.…
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22 April
Matalan secures £25m in funding for store and digital transformation
Matalan has announced that it has secured an additional £25m of funding from its anchor investors Invesco, Tresidor, Man Group…
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22 April
New Original Factory Shop owner eyes major rent cuts as part of CVA
The Original Factory Shop (TOFS) landlords could face a package of major rent cuts as its new owner aims to…
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17 April
Today’s news in brief-17/4/25
Sainsbury’s has forecast flat profits for the coming year, expecting operating profit to drop to around £1bn, below market expectations,…
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17 April
Sainsbury’s forecasts flat profits ahead despite 7.2% uplift in FY25
Sainsbury’s has forecast flat profits for the coming year, revealing that it expects its operating profit to drop to around…
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17 April
Deliveroo reports ‘strong’ Q1 as GTV hits £1.87bn
Deliveroo has reported a 9% increase in its gross transaction value (GTV) year-on-year to £1.87bn in constant currency in Q1…
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