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 -2 January
Babbico appoints former Mothercare head as new CEO
Baby clothing retailer Babbico has appointed former CEO of Mothercare, Dan Le Vesconte, as CEO, with effect from 1 January…
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2 January
Central Group eyes increased stake in Selfridges
Central Group is reportedly interested in increasing its control of luxury department store Selfridges as its co-owner Sigma faces financial…
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2 January
John Lewis to prioritise retail in new turnaround plan
John Lewis Partnership is going to update its turnaround strategy after chief executive Nish Kankiwala has told its staff that…
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2 January
Aldi and Lidl see record-breaking Christmas
Discount supermarkets Aldi and Lidl have both experienced record-breaking Christmas periods. Aldi posted sales over £1.5bn in the four weeks…
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2 January
Shop price inflation flatlines in December
The annual shop price rise was slower than the three-month average rate of 4.6% at 4.3%, the lowest since June…
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2 January
In The Style founder steps down as CEO
Adam Frisby, the founder of In The Style, has announced that he is stepping down from his role as CEO,…
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2 January
Uniqlo UK boss to cut prices to attract more shoppers
Uniqlo’s UK boss, Alessandro Dudech, has vowed to cut prices as inflation eases out as it seeks to attract more…
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Dec- 2023 -22 December
Today’s news in brief- 22/12/23
Nike has announced a cost-saving plan of $2bn over the next three years and revised down its sales forecast. This…
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22 December
Tesco predicts record demand for no and low alcohol drinks
Shoppers are set to create record demand for no and low alcohol beer, wines and spirits this Christmas, according to…
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22 December
ScS shareholders approve £99m Poltronesofà deal
ScS has announced that its shareholders have voted in favour of the group’s £99m takeover by Italian firm, Poltronesofà. At…
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