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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Apr- 2024 -24 April
John Lewis finance director to step down
The John Lewis Partnership has announced its executive director of finance, Bérangère Michel, is stepping down from the role later…
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24 April
Gear4music FY performance in line with expectations
Gear4music has revealed that its FY24 revenues and EBITDA are in line with market expectations, with revenues hitting £144.1m for…
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23 April
Today’s news in brief-23/4/24
UK’s grocery regulator is closely monitoring Tesco’s imposition of online supplier fees akin to Amazon. The Grocery Code Adjudicator initiated…
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23 April
M&S trials postal donations bags with Oxfam
M&S is asking the public for the first time to donate their “unwearable” clothing, alongside their wearable clothing, through the…
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23 April
Primark launches click and collect amid soaring profits
Primark has revealed that it is launching a new click and collect service to all of its British stores by…
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23 April
Supermarket sales jump 3.3% as inflation continues to fall
Overall take-home grocery sales rose by 3.3% over the four weeks to 14 April as grocery price inflation also continued…
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23 April
Grocery regulator to monitor Tesco over fees for online suppliers
The UK’s supermarket regulator is reportedly keeping a close eye on Tesco since it imposed a fulfilment fee for online…
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23 April
THG sales rise 4.5% in Q1 amid ‘standout’ beauty performance
THG has seen overall sales “continue to strengthen” in its first quarter, as group revenues rose by 4.5% to £455m,…
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23 April
JD Sports to acquire Hibbett in £899m deal
JD Sports has today (23 April) announced the acquisition of US sports brand Hibbett for £899m. The deal represents an…
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22 April
Today’s news in brief-22/4/24
Investors from the Middle East and China are eyeing Selfridges following Signa’s financial struggles, leading to restructuring and insolvency. Central…
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