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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Jun- 2025 -24 June
Women hold half of retail board seats but ethnic diversity falls, BRC finds
Gender representation in retail boardrooms has increased significantly, with women now holding 47% of board seats compared with 32% in 2019, according to a report by the British Retail Consortium (BRC) and executive search firm the MBS Group. The report found that many retailers have invested in leadership development programmes,…
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24 June
Amazon to invest £40bn as part of major UK expansion
Amazon has unveiled plans to invest £40bn in the UK over the next three years, which will see it build four new fulfilment centres and new delivery stations whilst creating thousands of jobs. As part of the investment it will also upgrade and expand its existing network of over 100…
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23 June
Morrisons orders head office staff to return to full-time work
Morrisons has ordered staff at its head office in Bradford to return to a full five days a week in the office, reversing its flexible working policy, according to the Telegraph. Previously, the supermarket allowed its head office staff to work a 37.5 hour four-and-a-half day week flexibly, but this…
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23 June
Aldi to recruit for 1,000 new store roles before 2026
Aldi is set to recruit for 1,000 store roles across the UK as it accelerates its store openings programme for the rest of 2025. The group said it is hiring for a range of in-store positions including store assistants, cleaners, apprentices and management roles. The recruitment drive follows a public…
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23 June
Mulberry eyes £20m fundraising as losses widen
Mulberry has announced plans to raise £20m in funding as part of a turnaround plan to return to profitability, as it anticipates its full-year losses will widen. The group said it expects to report a profit loss before tax of around £23m, ahead of the £22.6m loss reported last year,…
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23 June
River Island to shut 33 stores with hundreds of jobs at risk
River Island is reportedly planning to shutter 33 shops as part of a restructuring plan that would see hundreds of jobs at risk, Sky News has reported. The family-owned group, which currently operates around 230 stores, confirmed the proposals on Friday (20 June) following reports that it was working…
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20 June
Matalan losses widen to £67m
Matalan has revealed a loss-before-tax for the 52 weeks to 24 May 2025 of £67m, up from £60m the previous year, driven by “exceptional non-cash impacting items”. Total revenue fell 9% to £985m, down from £1.08bn in 2024, although performance improved in the second half, particularly online. Gross margin rose…
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20 June
Retail sales see sharpest monthly fall since December 2023
Retail sales volumes fell by 2.7% in May, according to the latest retail sales figures from the ONS, marking the sharpest monthly decline since December 2023. The fall followed a revised 1.3% rise in April and was driven largely by reduced spending in food stores and weaker sales of clothing…
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20 June
Morrisons Q2 sales up 4.2% to £3.9bn
Morrisons has revealed that its total sales rose 4.2% up to £3.9bn for the 13 weeks ended 27 April 2025. Alongside this its like-for-like group sales were up 3.9%. The supermarket stated that this followed successful in-store trials of new initiatives including a more focused range, improvements to Market Street…
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20 June
Young adults lift UK consumer confidence despite economic concerns
Consumer confidence in the UK rose modestly in June, buoyed by optimism among younger age groups despite continuing concerns over inflation and global instability, according to new data from GfK. The research firm’s long-running Consumer Confidence Index increased by two points to -18, with improvements in views of the wider…
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