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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Mar- 2025 -17 March
Sainsbury’s CEO confident amid intensifying competition
Sainsbury’s CEO, Simon Roberts, has acknowledged the rising competition in the supermarket sector following Asda’s decision to cut prices but…
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17 March
Fenwick eyes restructuring as losses widen
Fenwick has reportedly called in restructuring professionals from AlixPartners as it looks to address its mounting losses and cost pressures,…
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17 March
Screwfix to open 35 new stores by Jan 2026
Screwfix, the omnichannel retailer, has announced plans to open up to 35 new stores across the UK and Ireland by…
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14 March
Today’s news in brief-14/3/25
Shein, the fast-fashion giant, has confirmed its plans to go public, targeting a listing on the London Stock Exchange. Executive…
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14 March
Deliveroo delivers FY profit for the first time
Deliveroo has reported hitting a profit of £3m for the year to December 2024, following a loss of £32m in…
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14 March
UK GDP unexpectedly falls 0.1% in Jan
The UK economy shrank unexpectedly by 0.1% in January as production in the manufacturing sector struggled, according to the latest…
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14 March
Tesco to give away expiring food items to reach net zero targets
Tesco is to give away food for free to shoppers by introducing “yellow sticker” prices of £0 (at present limited…
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14 March
Shein chair publicly confirms IPO plans
Shein executive chairman Donald Tang has confirmed that the fast-fashion giant has plans to float on the stock market for…
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14 March
Aldi signs Armed Forces Covenant to support ex-military workers
Aldi has become a signatory of the Armed Forces covenant, highlighting its commitment to “uphold respect and fairness” for ex-military…
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13 March
Today’s news in brief-13/3/25
John Lewis Partnership has announced that its staff will not receive a bonus for the third consecutive year, despite tripling…
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