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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Feb- 2025 -28 February
Today’s news in brief-28/2/25
London Mayor Sadiq Khan has launched a public consultation on proposals to pedestrianise Oxford Street, aiming to transform it into…
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28 February
UK retail sales grow 2.3% in February, BDO reveals
Total retail sales in discretionary spend categories grew by 2.3% in February, compared to a negative base of -1.3% in…
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28 February
TJX net sales up 4% to $56bn
The TJX Companies has revealed that its net sales rose 4% to $56bn (44.4bn) for the year ended 1 February…
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28 February
Whole Foods to open first new UK site since 2014
Whole Foods Market has announced it is set to open its first new UK site since 2014 on London’s King’s…
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28 February
Former Poundland boss steps into leadership role at Howdens
Former Poundland managing director Austin Cooke has been appointed as managing director for trade at Howdens. The news comes after…
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28 February
London Mayor launches proposal to pedestrianise Oxford Street
The Mayor of London Sadiq Khan has today (28 February) launched a public consultation on proposals to pedestrianise Oxford Street.…
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28 February
M&S to open 20 food stores in Ireland with Applegreen
M&S will be opening 20 food stores throughout the year in Ireland with Applegreen as part of a multi-million-euro investment…
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27 February
ASDA improves ESG rating score
Asda has announced an improvement to its ESG rating score, following an external assessment by financial services ratings’ agency Sustainable…
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27 February
Today’s news in brief-27/2/25
Aldi is consulting on a head office restructuring plan that could put 350 jobs at risk, primarily affecting buying, finance,…
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27 February
Ocado to cut R&D roles as losses narrow
Ocado has revealed it is set to reduce its research and development (R&D) workforce both in the UK and globally…
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