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.
-
Jan- 2025 -31 January
Today’s news in brief-31/1/25
Homebase, the DIY retailer that collapsed into administration in November 2024, owes more than £650m to unsecured creditors, including suppliers…
Read More » -
31 January
Gloucester Quays sees 7.4% sales uptick in FY24
Gloucester Quays has announced a “record” Christmas trading with sales a 7.4% sales increase in FY24, 6.7% ahead of the…
Read More » -
31 January
Mango appoints Toni Ruiz as chairman
The board of directors of Mango’s parent company, Punto Fa S.L., has approved the appointment of Toni Ruiz, the company’s…
Read More » -
31 January
John Lewis warns staff on profits amid missed sales targets
The John Lewis Partnership has fallen short of its profit targets in Q4 after both Waitrose and John Lewis “missed…
Read More » -
31 January
THG appoints Milyae Park independent non-executive director
THG has announced the appointment of Milyae Park as an independent non-executive director with immediate effect. Park joins THG following…
Read More » -
31 January
Homebase owes over £650m to unsecured creditors post collapse
Homebase still owes more than £650m to unsecured creditors, including AO World, Halfords, and The Hut, following its collapse into…
Read More » -
31 January
Superdrug appoints new property director
Superdrug has appointed Clare Jennings as its new property director, following the retirement of Nigel Duxbury. Jennings will take over…
Read More » -
30 January
Today’s news in brief-30/1/25
Retail crime in the UK has surged to record levels, with theft losses hitting £2.2bn in 2023/24, according to the…
Read More » -
30 January
Lidl to roll out micro-donation system at tills
Lidl has become the first national supermarket to introduce Pennies, a digital micro-donation system, on its tills. The move follows…
Read More » -
30 January
H&M FY profits rise despite weaker Q4 sales
H&M boss Daniel Ervér has said the Swedish retailer is “on track” as it revealed FY operating profits in the…
Read More »
