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 -17 June
Poundland confirms plans to shutter 150 stores
Poundland has confirmed that up to 150 stores and two distribution centres are set to close under a new restructuring…
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17 June
Sainsbury’s unveils new unified retail media platform
Sainsbury’s retail media arm, Nectar360, is preparing to launch a new unified platform to support brands and agencies with omni-channel…
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17 June
Oxford Street pedestrianisation gets go-ahead
Mayor of London Sadiq Khan has revealed that the planned pedestrianisation of Oxford Street has been given the green light.…
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17 June
Asos appoints new CFO
Asos has announced the appointment of director of group finance, Aaron Izzard, as chief financial officer and executive director, effective…
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17 June
Poundland to halt rent payments at hundreds of stores amid restructuring
Poundland will reportedly pause rent payments at hundreds of shops if a restructuring plan is approved by creditors later this…
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17 June
Kering appoints Luca de Meo as CEO
Luca de Meo has been appointed chief executive of Kering and is expected to take office on 15 September, pending…
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16 June
Fortnum and Mason eyes first UK stores outside of London
Fortnum and Mason is reportedly considering opening its first ever UK stores outside of London following a surge in demand…
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16 June
Asda to invest £10m into upgrading 180 in-store cafes
Asda has announced there will be a £10m refresh program in over 180 of its in-store cafes. The project, led…
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16 June
Liberty appoints new London flagship store director
Liberty has appointed Beverley Devonish as store director of its Regent Street flagship, as the British department store marks its…
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16 June
Harrods plans legal action against al-Fayed estate
Harrods is reportedly planning to launch legal action against the estate of Mohamed al-Fayed, as a multimillion-pound legal bill for…
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