News
News is Retail Sector’s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.
Retail Sector’s news coverage focuses on the business realities behind the headlines — providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.
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Apr- 2025 -16 April
Today’s news in brief-16/4/25
Inflation in the UK fell more than expected to 2.6% in March 2025, down from 2.8% in February, driven by declines in petrol prices and recreation and culture costs, according to the Office for National Statistics (ONS). The largest downward contributions came from motor fuels, housing, and household services, while…
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16 April
Iceland opens new £100m warehouse
Iceland Foods has officially opened its brand new 500,000 square foot distribution centre in Warrington, marking a major investment in the retailer’s supply chain and reinforcing its commitment to long-term growth. The £100m facility, developed in partnership with GXO Logistics, the pure-play contract logistics provider, will employ more than 750…
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16 April
Asda appoints new chief people officer
Asda has appointed James Goodman, Tesco’s UK and ROI people director, as its new chief people officer. Goodman spent 12 years at Tesco, where he most recently was responsible for all people related matters, including labour relations, recruitment, learning, early careers and health and wellbeing. More broadly, he also worked…
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16 April
Inflation falls more than expected to 2.6% in March
Inflation has fallen more than expected to 2.6% in the 12 months to March 2025, down from the 2.8% rise in February, driven largely by a fall in petrol prices. According to the ONS, the largest downward contributions came from recreation and culture and motor fuels, with a further large…
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16 April
Sosandar lowers profit expectations amid softer trading
Sosandar has revealed it expects its full-year profits to be no less than £500k for the year ended 31 March 2025, up from the £0.3m loss it posted in FY24, but lower than its original expectation of £1m. The retailer posted revenues of £37.2m, down from £46.3m in the previous…
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16 April
WH Smith H1 high street profits fall to £15m ahead of sale
WH Smith has reported that high street trading profits fell, from £22m to £15m, in the six months ended 28 February 2025, while total travel trading profits saw an uplift of 12% to £56m during the same period. The group agreed the sale of its UK high street business on…
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16 April
ProCook revenues jump 17.8% in Q4
ProCook has seen its total revenue increase by 17.8% to £15.5m during the 12 weeks ended 30 March 2025. Retail revenue increased by 14.7% to £9.6m benefitting from like-for-like growth of 1.9% – the seventh consecutive quarter of positive like for like growth. Meanwhile, e-commerce revenue increased by 23.4% to…
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15 April
Today’s news in brief-15/4/25
Halfords has appointed Henry Birch, former CEO of The Very Group, as its new chief executive, replacing Graham Stapleton, who steps down after seven years. Under Stapleton’s leadership, Halfords transformed from a cycling and motoring retailer into an omnichannel motoring services specialist, growing annual revenues from £1.1bn to £1.7bn. Birch,…
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15 April
B&M to open 45 new UK stores despite sales drop
B&M has revealed that it is aiming to open 45 new stores in the UK in 2025 despite the fact it saw its UK like-for-like sales drop 3.1% to £4.5bn in the year ended 29 March 2025. Alongside this, the discount retailer stated that its UK like-for-like sales fell 2.1%…
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15 April
Majestic completes acquisition of Enotria&Coe
Majestic, the wine specialist in retail, wholesale and hospitality, has completed the strategic acquisition of Enotria&Coe, a supplier of premium wines and spirits for an undisclosed sum. Majestic said the combination accelerates its ambition to become the “go-to” supplier of wines, beers and spirits in the UK on-trade, creating a…
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