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 -12 April
Majestic Wines owner Fortress acquires Poundstretcher
Poundstretcher has been acquired by Fortress, owner of Majestic Wines, after owner Aziz Tayub retired. As part of the transaction…
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12 April
UK economy grows for second month in a row
UK GDP increased slightly for the second month in a row, in another sign the economy is edging out of…
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12 April
InPost appoints new UK CEO
InPost has announced the appointment of Neil Kuschel as UK CEO with immediate effect. It said Kuschel has extensive knowledge…
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12 April
Amazon invests over £600m in robotics and AI in Europe
Amazon has invested more than €700m (£600m) in robotics and AI-powered technologies across Europe over the last five years.By the…
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12 April
Tesco launches ‘Best of British’ online section
Tesco has launched a dedicated ‘Best of British’ page on its groceries website, making it easier for customers across the…
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12 April
Levi’s names incoming CCO
Levi’s has announced the appointment of Gianluca Flore as executive vice president and chief commercial officer, effective from 29 July. …
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11 April
Today’s news in brief-11/4/24
Ted Baker’s American licensing partner, OSL, is reportedly in pole position to take over the brand’s collapsed UK operation. Administrators…
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11 April
Majestic to debut on the Channel Islands with Jersey store
Majestic has unveiled plans to expand into the Channel Islands with the opening of a store in The Powerhouse, on…
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11 April
Dobbies appoints new strategy and business development director
Dobbies, the UK’s leading garden centre retailer, has strengthened its senior leadership team with the appointment of Rajesh Gupta as…
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11 April
Pepco LFL sales dip 2.5% in H1 amid tough comparatives
Poundland owner Pepco Group has reported that group revenues on a constant currency basis rose by 11.1% to £2.73bn (€3.2bn),…
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