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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Jan- 2024 -24 January
The Co-op to increase member-owners to 8 million by 2030
The Co-operative is looking to substantially increase the number of members-owners from five million to eight million by 2030. This…
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24 January
Aldi to create 500 apprenticeship roles in 2024
Aldi has revealed it is looking to recruit over 500 new apprentices across the UK in 2024. The supermarket has…
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24 January
B&M chair to step down this year
The chair of B&M, Peter Bamford, has confirmed he is set to retire this calendar year, having been in the…
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23 January
Today’s news in brief-23/1/24
Boohoo has changed its leadership as Shaun McCabe has stepped down as CFO, and Stephen Morana has been appointed as…
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23 January
Merry Hill signs 65 new leases in 2023
Retail and leisure destination Merry Hill has completed 65 leasing deals covering more than 330,000 sq ft in 2023. The…
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23 January
Storm Isha dampens early week footfall
Battering winds from Storm Isha hit retail over Sunday and Monday with footfall across all UK retail destinations down -4.6%…
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23 January
Morrisons nears £2.5bn sale of forecourt business
Morrisons is reportedly close to agreeing a deal to sell its forecourts business to Motor Fuel Group (MFG) in a…
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23 January
Primark sales jump 7.9% to £3.3bn amid strong Christmas
Primark has reported a 7.9% increase in sales to £3.3bn for the 16 weeks ending 6 January 2024. The sales…
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23 January
Lidl rewards employees with £37m pay investment
Lidl GB has announced its latest investment of £37m into pay, which will see its 26,000 hourly-paid staff receive the…
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23 January
Boohoo appoints new CFO as McCabe steps down
Boohoo has announced the appointment of Stephen Morana as its new CFO, following the resignation of current CFO Shaun McCabe,…
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