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 -8 January
Home Bargains owner takes home over £1bn in dividends
The billionaire owner of Home Bargains has paid himself more than £1bn in dividends after the discount retailer welcomed rising…
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8 January
MPs ‘horrified’ as questions left unanswered at Shein trade committee
MPs on the Business and Trade Committee were left “horrified” after a representative for Shein could not answer questions over…
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8 January
ProCook revenues surge amid successful Black Friday and Xmas
UK-based kitchenware brand ProCook has reported a 11.2% increase in revenues to £25.6m and like-for-like revenue increase by 3.4% for…
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8 January
Topps Tiles CEO to step down as sales return to growth
Topps Tiles has announced that CEO Rob Parker will retire from the business after 18 years as sales returned to…
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7 January
Today’s news in brief-7/1/25
Quiz has announced plans to delist from the London Stock Exchange, citing regulatory costs and financial pressures. The move requires…
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7 January
Bestway Retail removes fuel levy charge for Costcutter stores
Bestway Retail has announced the removal of the fuel levy charge, previously at £3.66 per delivery, for all mainland Costcutter…
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7 January
Former Coles chief executive to join Kingfisher board
Kingfisher has announced the appointment of former Coles CEO in Australia, Ian McLeod, to its board of directors as a…
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7 January
BRC warns of 2025 falling sales volume despite December sales growth
The British Retail Consortium (BRC) has warned of possible falling sales volume in 2025 despite the modest increase in total…
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7 January
Average household supermarket spend hit £460 this Christmas, Kantar finds
Household spending on take-home groceries hit a record high this Christmas at £460 on average, according to the latest data…
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7 January
B&Q acquires five Homebase UK stores for £2.5m
B&Q has announced that it has reached an agreement to acquire five leasehold stores in the UK, currently trading as…
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