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News

News is Retail Sectorโ€™s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.

Retail Sectorโ€™s news coverage focuses on the business realities behind the headlines โ€” providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.

  • Oct- 2025 -
    23 October
    Usdaw welcomes 6.7% rise in real Living Wage

    Usdaw welcomes 6.7% rise in real Living Wage

    Retail trade union Usdaw has welcomed a 6.7% increase in the real Living Wage, describing it as โ€œa welcome boost for the lowest-paid workersโ€. It comes as the Living Wage Foundation announced yesterday (22 October) that the new rates will rise to ยฃ13.45 per hour across the UK and ยฃ14.80…

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  • 22 October
    Footasylum signs lease renewal and expands Manchester flagship

    Footasylum signs lease renewal and expands Manchester flagship

    Footasylum has renewed its lease at Manchester Arndale for a further 20 years and will expand the store into a 17,000 sq ft flagship unit. News comes as the trainers and apparel retailer is undertaking a full refit to create a larger space showcasing its full range of products and…

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  • 22 October
    Lidl sees PBT triple to ยฃ156.8m as sales rise

    Lidl sees PBT triple to ยฃ156.8m as sales rise

    Lidl GB has seen its pre-tax profits more than triple to ยฃ156.8m, up from ยฃ43.6m the previous year, as strong sales growth and higher customer visits lifted performance across its stores. Revenue increased 7.9% to ยฃ11.7bn, with the discounter citing its efficiency model and strategic investment as key drivers. Operating…

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  • 22 October
    Halfords half year LFL sales jump 4.1%

    Halfords half year LFL sales jump 4.1%

    Halfords has revealed that its like-for-like group sales rose 4.1% for the half year ended 26 September 2025. Alongside this, the company saw its retail sales grow 4% LFL while its autocentres sales grew 4.3% LFL. As a result of this positive momentum the company revealed that its full year…

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  • 22 October
    Virgin Wines FY profits dip 5% to ยฃ1.6m amid cost pressures

    Virgin Wines FY profits dip 5% to ยฃ1.6m amid cost pressures

    Virgin Wines UK has reported a 5% fall in profits before tax to ยฃ1.6m in the year ended 28 June, as cost pressures linked to government policy weighed on margins.ย  According to the wine retailer, most of its cost increases stemmed from a rise in alcohol duty and a new…

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  • 22 October
    Inflation holds steady at 3.8% in Septemberย 

    Inflation holds steady at 3.8% in Septemberย 

    Inflation remained unchanged in September for the third month in a row, as the Consumer Price Index rose by 3.8%, with food prices easing over the period.ย  The September, August and July 2025 figures have been the joint-highest recorded since January 2024, when the rate was 4.0%. Transport made the…

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  • 21 October
    Aldi launches ยฃ10,000 Winter Fund to support local charities

    Aldi launches ยฃ10,000 Winter Fund to support local charities

    Aldi is inviting shoppers to nominate local charities, community groups and food banks to receive a share of its ยฃ10,000 Winter Fund aimed at helping those most in need ahead of Christmas. A panel of Aldi representatives will review nominations and select organisations to receive cash donations to support their…

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  • 21 October
    Laura James appoints new CEO

    Laura James appoints new CEO

    Homeware and interiors brand Laura James has announced the appointment of Matthew Talbot as its new chief executive officer. Talbot, who previously served as chief operating officer for four and a half years, has overseen a period in which the business more than doubled in size, with increased profitability and…

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  • 21 October
    M&S chief urges chancellor to reconsider tax policy ahead of Budget

    M&S chief urges chancellor to reconsider tax policy ahead of Budget

    Marks and Spencer chief executive Stuart Machin has urged chancellor Rachel Reeves to โ€œchange courseโ€ on economic policy ahead of next monthโ€™s Budget, warning that persistent tax rises risk trapping the UK in a โ€œdoom loopโ€ of weak growth.ย ย  Writing in The Times, Machin described the governmentโ€™s fiscal approach as…

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  • 21 October
    Asda to open nine new Express stores in one week

    Asda to open nine new Express stores in one week

    Asda has announced that it is set to open nine new Express stores this week (20 October), including seven in London. The company will open stores in Tower Bridge, Greenwich, Limehouse Station, Harringay, Deptford, Whetstone and the former Arsenal FC club shop at Finsbury Park station.ย ย  Outside the capital, two…

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