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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Mar- 2020 -4 March
Dixons Carphone appoints two new members to its executive team
Dixons Carphone has strengthened its executive team by appointing a former John Lewis Partnership exec to the role of CCO…
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4 March
Intu abandons £1bn equity raise plans
Intu revealed it has abandoned plans to raise between £1bn and £1.5bn in emergency cash, citing “current uncertainty” in the…
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3 March
Grocery sales increase in February
UK supermarkets saw “positive growth” in February, as total till sales increased to +0.7% in the last four weeks according…
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3 March
B&M appoints Alex Russo as new CFO
Discount retailer B&M has announced the appointment of Alex Russo as its new chief financial officer and executive director. Russo…
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3 March
Greggs hails ‘exceptional’ record-breaking year
Bakery chain Greggs has reported a 13.5% increase in total sales to £1.1m for the year ended 28 December 2019.…
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2 March
EG Group to vie with equity firms for Asda stake
The EG Group, owned by petrol station billionaire brothers Zubin and Moshin Issa, is reportedly among a number of interested…
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2 March
Brighthouse reportedly on brink of collapse
Rent-to-own retailer Brighthouse is reportedly on the brink of collapse, following an increase in customer compensation claims. Sky News said…
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2 March
Debenhams denies lenders’ threat to hold up restructuring over rent cuts
Department store chain Debenhams has denied reports of it telling landlords that its lenders may not sign off a “critical…
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2 March
Waitrose launches online roll-out programme
Waitrose has announced the launch of its new national online roll-out programme, which will add Waitrose.com online delivery service to…
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Feb- 2020 -28 February
Card Factory strengthens executive team with new HR manager
Card and gifts retailer Card Factory has appointed Jennifer Lawrence as executive director of people, effective 1 June 2020. Lawrence…
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