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.
-
Feb- 2025 -24 February
B&M CEO to retire as group lowers FY guidance
B&M has revealed that chief executive Alex Russo will retire on 30 April, as the group announced it has lowered…
Read More » -
24 February
Asda avoids penalty amid missed deadline for IT upgrade
Asda has reportedly avoided a financial penalty after its former owner Walmart agreed to move back a deadline for the…
Read More » -
24 February
DFS appoints former Holland and Barrett CEO as NED
DFS Furniture has announced the appointment of former Holland and Barrett CEO Tony Buffin as an independent non-executive director. Buffin…
Read More » -
21 February
Today’s news in brief-21/2/25
UK retail sales saw a 1.7% rise in January 2025, driven primarily by a 5.6% surge in food sales, the…
Read More » -
21 February
Aldi to increase store assistants’ pay from March
Aldi has announced a new pay rise for its store assistants from 1 March, with hourly rates increasing to at…
Read More » -
21 February
Primark to open first standalone homewares store in March
Primark has announced that it is set to open its first standalone homewares store in Belfast on 6 March 2025.…
Read More » -
21 February
UK retail sales rise by 1.7% in January
UK retail sales volumes increased by 1.7% in January driven largely by food sales, the ONS has revealed. According to…
Read More » -
21 February
Aldi to invest £67m in existing stores in 2025
Aldi has announced it is set to invest £67m in upgrading its existing stores in 2025. The UK’s fourth largest…
Read More » -
21 February
Frasers Group withdraws offer for Norway’s XXL ASA
Frasers Group has announced that it will not proceed with its intended voluntary offer for the shares in Norwegian sporting…
Read More » -
21 February
Birkenstock revenues surge 19% in Q1 FY25
Birkestock has reported a 19% surge in revenues to €362m (£299m) for the first quarter ended 31 December 2024. The…
Read More »
