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- 2025 -17 March
Screwfix to open 35 new stores by Jan 2026
Screwfix, the omnichannel retailer, has announced plans to open up to 35 new stores across the UK and Ireland by…
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14 March
Today’s news in brief-14/3/25
Shein, the fast-fashion giant, has confirmed its plans to go public, targeting a listing on the London Stock Exchange. Executive…
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14 March
Deliveroo delivers FY profit for the first time
Deliveroo has reported hitting a profit of £3m for the year to December 2024, following a loss of £32m in…
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14 March
UK GDP unexpectedly falls 0.1% in Jan
The UK economy shrank unexpectedly by 0.1% in January as production in the manufacturing sector struggled, according to the latest…
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14 March
Tesco to give away expiring food items to reach net zero targets
Tesco is to give away food for free to shoppers by introducing “yellow sticker” prices of £0 (at present limited…
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14 March
Shein chair publicly confirms IPO plans
Shein executive chairman Donald Tang has confirmed that the fast-fashion giant has plans to float on the stock market for…
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14 March
Aldi signs Armed Forces Covenant to support ex-military workers
Aldi has become a signatory of the Armed Forces covenant, highlighting its commitment to “uphold respect and fairness” for ex-military…
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13 March
Today’s news in brief-13/3/25
John Lewis Partnership has announced that its staff will not receive a bonus for the third consecutive year, despite tripling…
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13 March
Fossil group appoints new CFO
Fossil Group has announced the appointment of Randy Greben as the new chief financial officer effective from 17 March. Greben…
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13 March
Pets at Home puts 2,500 jobs under consultation to ‘simplify business’
Pets at Home has confirmed that it has put 2,500 jobs under consultation as it looks to streamline its store…
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