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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Sep- 2023 -11 September
Retail leaders call for business rates freeze
Leaders of major retail businesses have written to chancellor Jeremy Hunt calling for a freeze in business rates in the upcoming budget, according to the Times. The CEOs of 44 of the UK’s biggest retailers such as Aldi and Ikea believe that more than £400m would be added to rates…
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11 September
Morrisons considers offloading petrol forecourts in £2.5bn deal
Morrisons is considering offloading its 340 fuel retail sites in a £2.5bn acquisition by CD&R-owned Motor Fuel Group (MFG), Sky News has reported. News of the talks between Morrisons and MFG comes months after CD&R stopped a potential sale of the latter business. It is understood that the retailer opened…
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11 September
Discount Dragon acquires Motatos UK
Online discount supermarket Motatos has been acquired by the parent company of Discount Dragon for an undisclosed sum. The news comes after Motatos’ recent announcement that it is exiting the UK market with immediate effect. The Swedish retailer launched in the UK in June 2022 offering discounts on food brands,…
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8 September
Focus Brands to open two Avirex stores amid UK expansion
UK-based sports and streetwear distributor, Focus Brands, will be opening two stores for the US military apparel brand, Avirex, on 15 September amid the brand’s expansion in the UK. The first London site is a pop-up on Soho’s Berwick Street and the second is on Fitzrovia’s Eastcastle Street. The openings…
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8 September
Sainsbury’s to use best-before dates on milk from next year
Sainsbury’s has announced it will be swapping use-by dates for best-before dates across its own-brand milk range, making it the biggest UK retailer to make this change. The move will affect 44 products in total, including all fresh and organic milk sold across England, Scotland, and Wales, and will apply…
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8 September
Primark to offer womenswear online as it expands click and collect
Primark is set to offer womenswear online for the first time as it expands its click and collect trial. From 13 September, some 57 trial click and collect stores across Greater London, the North West of England and North Wales will be able to buy a selection of womenswear online.…
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8 September
Tommy Hilfiger appoints new CMO
Tommy Hilfiger has announced the appointment of Virginia Ritchie as global chief marketing officer (CMO), effective 1 September, 2023. In this role, she will report to Martijn Hagman, CEO, Tommy Hilfiger global & PVH EMEA, and will oversee all aspects of the global marketing organisation. Ritchie brings over 15 years…
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8 September
Dai founder confirms brand to cease trading in December
Dai founder and CEO Joanna Dai has announced the womenswear brand is set to close in early December 2023, after six years of trading. In a LinkedIn post, Dai mentioned that her Autumn/Winter 2023 collection, named the Greatest Hits, will be her last and final collection. The news of the…
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8 September
Ann Summers plans expansion amid strong FY results
Ann Summers has seen its turnover rise by 7.4% to £100.1m in the year ended 25 June 2022, with plans to open more stores following the strong full-year results. In its latest Companies House filings, the group also reported that sales were up by 7.6% against the prior year, and…
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8 September
N Brown partners with Sainsbury’s on Simply Be launch
N Brown Group has announced a partnership with Sainsbury’s for a Simply Be launch in the UK supermarket chain. A selection of Simply Be clothing is available online at Tu, Sainsbury’s clothing platform, and will also be available at select stores from late September. The launch includes a selection of…
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