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 -5 March
B&Q increases hourly pay to £12.71
B&Q has announced that it will be increasing its UK minimum hourly rate to £12.71 per hour, and its London…
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5 March
Virgin Wines CFO retires after 22 years
Virgin Wines has announced that Graeme Weir is retiring from his role as chief financial officer and company secretary after…
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4 March
Today’s news in brief-4/3/25
The Competition and Markets Authority (CMA) is close to approving Topps Tiles’ £9m acquisition of CTD Tiles after both companies…
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4 March
Castore signs multi-year partnership with Lancashire Cricket Club
Sportswear brand Castore has announced it has agreed a multi-year partnership with Lancashire Cricket Club. Under the terms of the…
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4 March
Shop price inflation remains at 0.7% despite surge in food prices
Shop price inflation remained in deflation at 0.7% in February, after also falling to -0.7% in January, according to data…
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4 March
Prada nears €1.5bn Versace takeover deal
Prada is reportedly edging closer to acquiring Versace for €1.5bn (£1.2bn), the FT has reported. According to sources briefed on…
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4 March
Greggs sales surge to £2.01bn in FY24
Greggs has surpassed the £2bn mark as its sales increased 11.3% to £2.014bn, with LFL sales in company-managed shops up…
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4 March
Supermarket sales rise 3.6% in February
Take-home sales at the grocers rose by 3.6% over the four weeks to 23 February compared with one year ago,…
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4 March
CMA nears approval for Topps Tiles’ acquisition of CTD Tiles
The Competition and Markets Authority (CMA) has confirmed it is nearing a green light for Topps Tiles’ £9m acquisition of…
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4 March
Oak Furnitureland losses narrow by 19% to £12.4m in FY24
Oak Furnitureland has narrowed its losses by 19% to £12.4m, down from a previous loss of £15.4m, in the year…
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