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.
-
Sep- 2023 -4 September
HMV owner secures creditor backing for Wilko rescue deal
Administrators to Wilko have reportedly secured the backing of creditors for a rescue deal led by HMV owner Doug Putman…
Read More » -
1 September
L’Occitane receives B Corp certification
L’Occitane has announced that it is now a certified B Corporation retailer, following two years of evaluating its impact on…
Read More » -
1 September
John Lewis launches online Christmas shop
John Lewis has launched its online Christmas shop on the company’s website. According to a recent survey 28% of customers…
Read More » -
1 September
Superdry falls to £148m loss in FY23
Superdry swung to a loss of £148.1m in the year ended 29 April, down from a profit of £22.4m the…
Read More » -
1 September
Revolution Beauty names new CEO as FY losses narrow
Revolution Beauty has reported that its pre-tax losses have narrowed to £33.9m for the year ended 28 February 2023, as…
Read More » -
1 September
Lululemon sales rise 18% to $2.2bn in Q2
Athletic wear brand Lululemon has reported an 18% rise in sales to $2.2bn (£1.74bn) in Q2 2023. Gross profit was…
Read More » -
1 September
Lidl unveils further pay increase for staff
From today, 24,500 Lidl GB employees will receive one of the highest hourly wages in the sector, receiving up to…
Read More » -
1 September
Asda appoints new chief customer officer
Asda has announced that David Hills has joined the supermarket today (1 September) as its new chief customer officer. Hills…
Read More » -
Aug- 2023 -31 August
M&S launches legal challenge against Marble Arch decision
M&S has launched a legal challenge to Michael Gove’s decision to block it from demolishing its flagship store in Marble…
Read More » -
31 August
Wilko redundancies to begin as rescue talks collapse
Hundreds of redundancies are set to begin at Wilko after last-minute rescue talks with potential buyers fell through, its administrator…
Read More »
