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 -18 March
Frasers Group calls in administrators for two kids brands
Frasers Group has called in administrators from Kroll Advisory for Kids Cavern and Base Childrenswear on Friday 8 March, Drapers…
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15 March
Today’s news in brief-15/3/24
After 14 years of service, Iain McDonald, a non-executive director at THG, has announced his intention to step down from…
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15 March
Aldi celebrates successful partnership with Company Shop Group
Aldi is celebrating a “significant milestone” in its partnership with surplus food and household products redistributor, Company Shop Group. In…
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15 March
St Johns Shopping Centre store sales spike 32% in February
St Johns Shopping Centre in Liverpool has reported that store sales rose by 32% in February, compared with the previous…
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15 March
THG NED to step down after 14 years
THG has revealed that Iain McDonald has informed its board of his intention to step down as a non-executive director…
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15 March
Next Beauty CEO Amanda Scott resigns
Amanda Scott, Next Beauty’s chief executive has departed from her role, according to the Retail Week. For around five years…
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15 March
Ann Summers appoints finance director amid CFO retirement
Ann Summers has announced that Kristina Moln-Page has been promoted to the role of finance director, effective from 1 July…
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15 March
WH Smith appoints new CFO
WH Smith has appointed Max Izzard as its latest CFO, following the news that Robert Moorhead is set to retire…
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15 March
Under Armour founder returns as CEO
Under Armour founder Kevin Plank will become president and chief executive officer, effective April 1, 2024, succeeding Stephanie Linnartz. Plank,…
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15 March
Bensons For Beds returns to profitability in FY23
Bensons For Beds has reported a return to profitability as turnover grew by 7.5% to £257.5m for the 53 weeks…
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