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- 2022 -19 April
Next partners with finance firms to acquire Jojo Maman Bebe
Next has partnered with a group of finance firms headed by Davidson Kemper to acquire babywear retailer Jojo Maman Bebe…
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19 April
Government to force landlords to let out shops vacant for over 6 months
Landlords will be forced to let out empty shops that have been vacant for more than six months under new…
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19 April
Brunello Cucinelli sees revenues rise 16.7% in Q1
Brunello Cucinelli has announced its net revenues have risen 16.7% at constant exchange rates to €196.9m (£163.1m) in Q1 2022…
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19 April
WH Smith suspends Funky Pigeon sales after cyber security hit
WH Smith has confirmed its subsidiary, Funky Pigeon, has been hit by a cyber security incident that affected part of…
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19 April
Asda unveils new chief financial officer
Asda has announced the appointment of Michael Gleeson as its new chief financial officer (CFO), who is set to join…
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14 April
N Brown names new group buying director
N Brown Group plc, the fashion and homeware digital retailer, has announced the appointment of Sara Bradley as the group’s…
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14 April
Superdrug unveils major leadership reshuffle
High street retailer Superdrug has announced several new leadership moves as part of an executive board reshuffle which sees its…
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14 April
Dunelm Q3 sales surge 69% despite ‘significant’ headwinds
Dunelm Group plc has reported its total sales surged 69% to £399m for the 13-week period ended 26 March 2022…
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14 April
Asda owner eyes Butlin’s takeover
TDR Capital, one of the principal owners of Asda, is reportedly eyeing a takeover bid for holiday camp chain Butlin’s,…
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14 April
Supermarket shares crash amid Tesco profit warning
UK Supermarkets saw almost £1bn wiped off their value yesterday as the cost of living crisis began to take hold,…
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