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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Apr- 2025 -22 April
InPost acquires Yodel to become third biggest UK courier
Polish logistics company InPost has acquired UK delivery company Yodel, making it the third-largest agnostic logistics player in the country. The move is set to redefine delivery in the UK by integrating out-of-home (OOH) and to-door solutions under one brand. By combining the largest OOH delivery network with Yodel’s home…
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22 April
Matalan secures £25m in funding for store and digital transformation
Matalan has announced that it has secured an additional £25m of funding from its anchor investors Invesco, Tresidor, Man Group and Napier Park. The retailer stated that the funding will be used to accelerate investment to support Matalan’s multi-year business transformation plan and the delivery of its strategy. This will…
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22 April
New Original Factory Shop owner eyes major rent cuts as part of CVA
The Original Factory Shop (TOFS) landlords could face a package of major rent cuts as its new owner aims to finalise plans for a CVA for the group, with potential store closure also featuring as part of the move. According to Sky News, Modella Capital is now preparing to unveil a…
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17 April
Today’s news in brief-17/4/25
Sainsbury’s has forecast flat profits for the coming year, expecting operating profit to drop to around £1bn, below market expectations, despite a 7.2% rise in FY25 profits to £1.036bn. Revenue grew 1.8% to £32.81bn, with grocery sales up 4.2%, though Argos saw a 2.7% decline. The supermarket plans to continue…
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17 April
Sainsbury’s forecasts flat profits ahead despite 7.2% uplift in FY25
Sainsbury’s has forecast flat profits for the coming year, revealing that it expects its operating profit to drop to around £1bn, below market expectations of £1.08bn. This comes despite seeing its operating profits jump 7.2% to £1.036bn for the year ended 1 March 2025. Overall, the company posted a profit…
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17 April
Deliveroo reports ‘strong’ Q1 as GTV hits £1.87bn
Deliveroo has reported a 9% increase in its gross transaction value (GTV) year-on-year to £1.87bn in constant currency in Q1 2025. It also saw continued improvement in order growth, up 7% to £72.6m (up 6% in Q4 2024), with GTV per order up 2% to £25.8m. Across both UK&I and…
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17 April
Dunelm sales rise by 6.3% to £462m in Q3
Dunelm has seen its sales grow 6.3% to £462m during the 13-week period ended on 29 March 2025. The retailer said that its sales and volume growth was broad-based across all categories, and it saw a good start to its new Spring/Summer ranges, as well as a successful Winter Sale…
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17 April
Revolution Beauty CEO to step down and join Ulta as merchandise boss
Revolution Beauty has announced that chief executive Lauren Brindley will be stepping down from her role and as a member of the board on 31 May 2025, in order to join Ulta Beauty as a chief merchandising and digital officer. Upon Brindley’s departure at the end of May, Colin Henry…
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16 April
Today’s news in brief-16/4/25
Inflation in the UK fell more than expected to 2.6% in March 2025, down from 2.8% in February, driven by declines in petrol prices and recreation and culture costs, according to the Office for National Statistics (ONS). The largest downward contributions came from motor fuels, housing, and household services, while…
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16 April
Iceland opens new £100m warehouse
Iceland Foods has officially opened its brand new 500,000 square foot distribution centre in Warrington, marking a major investment in the retailer’s supply chain and reinforcing its commitment to long-term growth. The £100m facility, developed in partnership with GXO Logistics, the pure-play contract logistics provider, will employ more than 750…
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