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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Jan- 2025 -31 January
THG appoints Milyae Park independent non-executive director
THG has announced the appointment of Milyae Park as an independent non-executive director with immediate effect. Park joins THG following…
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31 January
Homebase owes over £650m to unsecured creditors post collapse
Homebase still owes more than £650m to unsecured creditors, including AO World, Halfords, and The Hut, following its collapse into…
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31 January
Superdrug appoints new property director
Superdrug has appointed Clare Jennings as its new property director, following the retirement of Nigel Duxbury. Jennings will take over…
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30 January
Today’s news in brief-30/1/25
Retail crime in the UK has surged to record levels, with theft losses hitting £2.2bn in 2023/24, according to the…
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30 January
Lidl to roll out micro-donation system at tills
Lidl has become the first national supermarket to introduce Pennies, a digital micro-donation system, on its tills. The move follows…
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30 January
H&M FY profits rise despite weaker Q4 sales
H&M boss Daniel Ervér has said the Swedish retailer is “on track” as it revealed FY operating profits in the…
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30 January
BRC: Retail crime ‘out of control’ as theft losses hit record £2.2bn
The BRC has said that retail crime is “out of control” after its Annual Crime Survey figures revealed that losses…
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30 January
Asda reintroduces ‘Rollback’ price cuts
Asda has announced the return of its Rollback proposition as part of a significant investment to begin lowering prices across…
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30 January
Mulberry announces new CFO amid turnaround plan
Mulberry has announced the appointment of Billie O’Connor as its new CFO as it revealed its “Back to the Mulberry…
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29 January
Today’s news in brief-29/1/25
Lord Wolfson, CEO of Next and Conservative peer, has leveraged his House of Lords position to propose amendments phasing in…
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