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 -13 February
Aldi to invest £550m in store and distribution network
Aldi will invest more than £550m in expanding and further improving its store and distribution network during 2024. This includes…
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13 February
Yodel rescued by rival firm Shift
Yodel has announced that it has been acquired by YDLGP Limited, a newly formed company backed by rival firm Shift,…
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13 February
Matalan appoints new CFO
Matalan has announced the appointment of Dave Williams to the initial role of chief financial officer designate, which will graduate…
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12 February
Ingenuity appoints Alistair Crane as chairman
Ingenuity, the complete commerce business of THG plc, has appointed technology and payments entrepreneur Alistair Crane as its first chairman…
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12 February
Superdrug to open new store in West Midlands
Superdrug has opened a new store in West Bromwich, in the West Midlands, which offers a pharmacy, beauty services, luxury…
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12 February
The Body Shop set to appoint administrators
The Body Shop is reportedly set to appoint administrators from FRP Advisory, threatening “significant” shop closures and job losses, according…
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12 February
Evri owner plans offloading business in £2bn deal
Evri owner Advent International is reportedly considering offloading the business for £2bn, according to The Mail. The report stated that…
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12 February
Hermes FY23 profits hit €4.3bn
Luxury fashion group Hermes has reported that net profits hit €4.3bn (£3.6bn) during 2023, an increase of 28% compared with…
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12 February
Dobbies appoints Andy Hannan as commercial director
Dobbies, the garden centre retailer, has appointed Andy Hannan as commercial director to lead its new strategy. With “extensive experience”…
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12 February
Tesco boss calls for youth employment reform
Tesco CEO Ken Murphy has called on the government to make youth employment a priority, claiming the apprenticeship levy is…
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