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- 2023 -9 June
Timpson FY profits beat expectations at £40m
Timpson Group has welcomed full-year profits of £40.7m in FY22, up from £24.5m the prior year, “way beyond” the group’s…
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9 June
EG Group to amend and extend loan following Asda deal
Retail and petrol forecourt company, EG Group, has announced that it will seek to amend and extend its banking loans…
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8 June
M&S introduces ‘Beauty Takeback’ scheme
Marks and Spencer has announced a partnership with beauty recycling experts, HANDLE, to launch a ‘Beauty Takeback’ scheme in over…
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8 June
Aldi to open 5 new sites
Supermarket chain Aldi is set to open five new stores across the UK in the coming weeks. The grocer, which…
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8 June
Bensons for Beds appoints chief retail officer
Bensons for Beds today has confirmed the appointment of Paul Owen to join its leadership team as chief retail officer.…
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8 June
Tesco and Morrisons ban Chinese state-owned CCTV cameras
Tesco and Morrisons have recently stopped purchasing Chinese-made CCTV cameras amid privacy and human rights concerns, The Telegraph has reported.…
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8 June
The White Company begins search for new London stores
The White Company has launched a search for five new London stores as part of its plans to expand, Drapers…
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8 June
John Lewis chair pledges return to profit before 2026
Sharon White, chair of the John Lewis Partnership, has promised that the company will return to profit before 2026, in…
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8 June
Global Fashion Group appoints CEO of The Iconic
Global Fashion Group (GFG) has appointed Jere Calmes as chief executive officer of The Iconic. Calmes is described as a…
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8 June
Asos head of commercial change steps down
Asos head of commercial change and operations, Anthony Benham, has left the online retailer after 16 years. Benham started working…
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