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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Jun- 2025 -9 June
River Island owners prepare rescue plan amid tough market conditions
High street fashion brand River Island has reportedly appointed advisers from PwC to draft a restructuring plan amid tough trading conditions, which could result in store closures and job losses, according to Sky News. Sources revealed to the outlet that although no definitive decisions have been made about the company’s…
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9 June
Matalan to open 10 stores annually amid £25m investment
Matalan has announced that it is set to invest over £25m in its UK store estate following the £25m of additional funding secured from its anchor investors last month. This marks the first phase of a long-term programme to modernise Matalan’s full estate over the next three to five years…
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9 June
Frasers eyes Revolution Beauty takeover
Frasers Group is reportedly exploring a takeover bid for the struggling Revolution Beauty, Sky News has reported. Sources told Sky that the Mike Ashley-owned group had approached Revolution Beauty about a potential offer but was “not certain” it would enter a bid. Revolution Beauty has since confirmed that Frasers is…
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9 June
Amazon to take action on catalogue abuse following CMA probe
Amazon Europe has signed undertakings committing to enhance its existing systems for tackling fake reviews and catalogue abuse, following an investigation by the Competition and Markets Authority (CMA). In 2021, the CMA launched an investigation into Amazon and Google for their failure to remove fake reviews. Subsequently, Amazon has pledged…
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6 June
JD Sports to open its largest store at Trafford Centre
JD Sports is set to open its biggest store globally at Manchester’s Trafford Centre on Saturday 7 June, following a major expansion of the site. The 41,000 square foot unit – more than three times the size of the previous store – features what JD describes as its largest ever…
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6 June
Wickes enters FTSE 250 amid strong sales
Wickes has been promoted to the FTSE 250 index following a strong start to the year. David Wood, chief executive of the Wickes Group stated that it was a “fantastic recognition for all the hard work of its colleagues who do such a great job serving customers and helping the…
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6 June
Hackers sent abuse and ransom demand to M&S boss
Hackers behind the M&S cyberattack reportedly sent an email directly to CEO Stuart Machin gloating about their actions and demand for payment, according to the BBC. The email, as seen by the news outlet, initially appeared to have been sent on 23 April via an employee’s email account at Tata…
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6 June
Morrisons names Emma Macey as trading director for general merchandise
Morrisons has announced it has appointed Emma Macey as its new trading director for general merchandise. Announcing the appointment on Linkedin, Morrisons said Macey brings with her over two decades of commercial retail experience; most recently at Asda, where she held a number of senior roles across commercial, e-commerce, retail…
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6 June
Marks Electrical CFO departs
Marks Electrical has announced that CFO Josh Egan has left his role at the company to take up a role at Roadchef. Egan remains a director of the company and will continue to fulfil his current role, which will include supporting the business through its preliminary results in June and…
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5 June
Stradivarius to open first Glasgow store at Silverburn
Spanish fashion brand Stradivarius will open its first Glasgow store at Silverburn, joining a line-up of Inditex-owned retailers at the shopping centre. The brand, part of international fashion group Inditex, will occupy a 6,462 sq ft unit. Its arrival will bring the number of Inditex stores at Silverburn to four,…
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