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 -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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28 February
New £90m north-east retail development secures 23 brands
Plans to build a new £90m outlet shopping and leisure destination in the North of England have been unveiled, along…
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28 February
Aldi removes single-use plastic lids from own-label products
Supermarket Aldi has announced it is removing all plastic lids on its own-label products, as part of its ongoing campaign…
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28 February
Consumer confidence rises in February
Consumer confidence has increased two points to –7 this month, according to the latest figures from the GfK. According to…
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