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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Mar- 2024 -26 March
Holland & Barrett names new UK&I CEO amid leadership shake up
Holland & Barrett, the health and wellness business, has announced the appointment of Anthony Houghton as its new CEO of…
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26 March
Ocado sales rise 10.6% to £645.3m in H1
Ocado has revealed sales increased 10.6% to £645.3m in the 13 weeks to 3 March 2024, up from £583.7m the…
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26 March
Pets at Home expects FY PBT to hit £132m
Pets at Home has revealed that it expects its full-year profit before tax to be £132m, in line with its…
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25 March
Scottish retailers’ rates bills to rise by £31m, the SRC says
Shops in Scotland will see their annual business rates bills rise by £31m from next week, the Scottish Retail Consortium…
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25 March
Today’s news in brief-25/3/24
Former UK Chancellor Nadhim Zahawi is reportedly in discussions with online retailer The Very Group regarding the role of its…
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25 March
Cribbs Mall to welcome Sweaty Betty store
Cribbs Mall has announced that Sweaty Betty will be opening a new 1,714 sq ft store at the West Country…
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25 March
Bumper Easter week to boost footfall by +6.6%
Footfall is forecast to rise by +6.6% across all UK retail destinations over the week of Easter, according to MRI…
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25 March
Ocado faces shareholder revolt over £15m CEO bonus
Ocado reportedly could see a shareholder revolt over executive pay after a proxy advisor recommended investors vote against the retailer’s…
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25 March
Kingfisher profits drop amid poor international performance
Kingfisher has seen its pre-tax profits drop 25% to £568m for the year ended 31 January, down from £758m the…
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25 March
Ex-chancellor Nadhim Zahawi in talks to become The Very Group chair
Former chancellor Nadhim Zahawi is reportedly in talks with The Very Group regarding the possibility of becoming its new chair,…
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