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 -6 March
CMA urges retailers to ‘behave responsibly’ amid Coronavirus panic
The Competition and Markets Authority (CMA) has urged retailers to not “take advantage of people” and “exploit” the current Coronavirus…
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6 March
Hugo Boss appoints Heiko Schäfer as COO
Fashion retailer Hugo Boss has announced the appointment of Heiko Schäfer as its chief operating officer (COO). As COO he…
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5 March
John Lewis profits plummet 23% in full-year results
The John Lewis Partnership saw profits plummet by 23% to £123m for the year ended 25 January 2020, resulting in…
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5 March
H&M launches global supply chain initiative
H&M announced it will be launching a new initiative to provide other retailers access to its global supply chain, in…
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5 March
Tesco launches campaign to match prices with Aldi
‘Big 4’ grocer Tesco has announced it will start to match prices with discount supermarket Aldi on hundreds of grocery…
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4 March
H&M to shutter Stoke-on-Trent warehouse placing 500 jobs at risk
H&M is reportedly set to close its warehouse in Stoke-on-Trent with plans to relocate its distribution to a new site.…
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4 March
Travis Perkins revenues rise in full-year results
Travis Perkins has reported a 3.2% increase in revenues for the year ended 31 December 2019. The buildings and home…
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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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