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- 2024 -28 February
68% of SMEs feel more positive about business growth, survey finds
Some 68% of small and medium-sized enterprises (SMEs) are feeling more positive about their business growth opportunities when compared to…
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27 February
Today’s news in brief-27/2/24
Shop price inflation reached its lowest level since March 2022, dropping to 2.5% in February, according to new figures from…
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27 February
Asos relaunches influencer programme
Asos has relaunched its Asos Insider influencer programme after the initiative was previously wound down in 2020 due to the…
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27 February
Asda’s mean Gender Pay difference hits 6.6%
Asda has today (27 February) published its 2023 Gender Pay figures, confirming that the mean pay difference between all male…
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27 February
M&S invests record £89m in boosting staff pay
M&S has today (27 February) announced a record £89m investment in its retail pay offer, and a further £5m annual…
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27 February
Grocery sales jump 5% as food price inflation falls
Total grocery sales increased 5.1% to £35.3bn for the four weeks to 18 February 2024, as grocery price inflation fell…
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27 February
Morrisons hires advisors as it eyes sale of bakery business
Morrisons has reportedly drafted in advisers to explore the potential sale of its bakery business, as part of plans to…
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27 February
Homebase owner eyes second sale in four years
Hilco Capital has reportedly put Homebase up for sale for the second time in four years after acquiring the business…
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27 February
Victorian Plumbing FY24 EBITDA in line with expectations
Bathroom retailer Victorian Plumbing expects to deliver full-year adjusted EBITDA in line with market expectations, as an increase in own…
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27 February
Shop price inflation drops to 2.5% in February
Shop price annual inflation eased to 2.5% in February, down from 2.9% in January, new figures from the BRC have…
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