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 -13 June
10,000 Wilko workers to get £2m pay out
Almost 10,000 former Wilko workers have been awarded a £2m pay out after the high street retailer failed to properly consult with workers prior to going bust in 2023. It comes as the GMB union said it had won a legal case on behalf of thousands of members who lost…
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12 June
Dobbies appoints two new directors in executive reshuffle
Dobbies Garden Centre has announced the appointment of two new directors, George Hutchinson and Richard Herbert, as part of efforts to strengthen its executive team. News of the appointments comes as operations director, Nick Anderson, steps down after 12 years with the business. Hutchinson previously served as regional operations director…
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12 June
Currys doubles reward for its Cash for Trash recycling scheme
Currys has doubled the reward in its Cash for Trash recycling scheme in a bid to encourage more customers to recycle unwanted electronic items. Until 8 July, anyone dropping off old electricals at a Currys store in the UK will receive a £10 voucher for a minimum spend of £50…
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12 June
Poundland sold to Gordon Brothers for £1
Pepco Group has announced that it has sold Poundland to investment firm Gordon Brothers for £1. The deal will provide the discount retailer with £80m in financing to be used for restructuring and turnaround. The business will continue to operate under the Poundland brand in the United Kingdom and under…
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12 June
Tesco Q1 sales rise 4.6% despite ‘intensely competitive’ market
Tesco has welcomed rising sales and a growing market share in Q1 despite an “intensely competitive” market, with group like-for-like sales up by 4.6% to £16.4bn over the period. In the 13 weeks to 24 May, its UK market share grew by +44bps year-on-year to 28%, with 24 consecutive four-week…
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12 June
Retailers welcome £2bn police boost but urge for more action
Retail trade bodies have welcomed the £2bn funding boost for police forces in England and Wales, but cautioned that the investment alone will not be enough to tackle rising levels of high street crime. It comes as Rachel Reeves announced in yesterday’s Spending Review (11 June) that the police’s spending…
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11 June
Calvin Klein to double store size at Livingston Designer Outlet
Calvin Klein is set to more than double the size of its store at Livingston Designer Outlet as part of a major expansion and refit announced by the shopping centre. The expansion is the latest in a series of upsized lettings at the centre, including new deals with The North…
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11 June
Women’s Euros to deliver £593m retail boost, report finds
The Women’s Euro 2025 football tournament is expected to deliver a £593.4m boost to UK retail, according to a new report from VoucherCodes.co.uk. The Women’s UEFA Euro 2025 Spending Report forecasts that the event will contribute £851.6m to the UK economy overall. Around 19.7 million fans are expected to watch…
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11 June
M&S restarts online orders after cyber attack
Marks and Spencer (M&S) has announced that it has resumed online orders after halting them due to a cyber attack on its networks. The retailer stated that shoppers are now able to buy a selection of fashion items for home delivery across England, Scotland and Wales. The company stated that…
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11 June
Major supermarkets criticised for shift to cheaper imported meat
Asda, Morrisons and Sainsbury’s have been found selling cheap beef from Australia, Uruguay and New Zealand in a bid to save cost, according to the National Farmer’s Union (NFU). The Guardian has learnt that the NFU, who regularly monitor the shelves at the supermarkets, has noted that Morrisons has been…
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