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 -7 March
Today’s news in brief-7/3/25
Walgreens Boots Alliance (WBA) has agreed to be acquired by private equity firm Sycamore Partners in a deal worth £23.7bn.…
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7 March
Asda appoints new president of food and GM supply
Asda has announced the appointment of Gavin Chappell as vice president of food and GM supply from April. The appointment…
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7 March
Retail parks lead the way as footfall sees small bounce in February
UK footfall edged up 0.2% in February as the performance from UK retail parks helped footfall increase for the second…
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7 March
John Lewis invests £114m in workers’ pay
John Lewis has announced a £114m investment in pay for 65,000 employees across the business this year. Some 77% (£88m)…
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7 March
HMV halts UK expansion amid rising wage costs
HMV has halted its UK expansion in anticipation of the rising wage costs due to commence next month, and will…
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7 March
Zalando sees FY24 revenues surge to €10.6bn
Zalando has reported that its revenues saw a 4.2% increase year-on-year to €10.6bn (£8.9bn) in FY 2024, despite what it…
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7 March
Boots owner sold to Sycamore Partners in $23.7bn deal
Walgreens Boots Alliance has announced that it has been acquired by American private equity firm Sycamore Partners in a deal…
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6 March
Today’s news in brief-6/3/25
Pepco Group is considering the sale of Poundland as part of a strategic shift to focus on its Pepco brand,…
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6 March
M&S invests £95m into pay increase for retail staff
M&S has announced a £95m investment in its retail pay offer, its biggest ever investment in pay and third consecutive…
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6 March
Temu earns high marks from top German consumer watchdog
Temu, the online marketplace, has received strong endorsements for its quality, data security, and customer-friendly returns in a recent evaluation…
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