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 -6 March
Former JLP chairman Peter Lewis passes away
Peter Lewis, who served as chairman of the John Lewis Partnership from 1972 to 1993, has passed away aged 95. …
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6 March
Chancellor cuts NI by a further 2p as part of Spring Budget
Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance, falling from 10% to 8% from 6 April,…
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6 March
M&S to roll out fully recyclable coffee cups in all its cafes
M&S has announced that it will be rolling out fully recyclable takeaway coffee cups to all its cafes from next…
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6 March
Shareholder calls for Currys to hold out for £1bn offer
A Currys shareholder, JO Hambro Capital Management (JOHCM), has stated that the electronics retailer should hold out for an offer…
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6 March
John Lewis staff pay to rise 10% amid £116m investment
John Lewis Partnership reportedly has plans to boost staff pay by 10% as part of a £116m investment, according to…
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6 March
Tesco raises pay by 9.1% amid ‘record’ £300m investment
Tesco has increased base pay for staff by 9.1%, amid a “record” investment of more than £300m in hourly pay.The…
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6 March
THG targets £150,000 charity partnership with The Christie
THG PLC, the vertically integrated, digital first consumer brands group, has partnered with The Christie Charity in a new fundraising…
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5 March
Today’s news in brief-5/3/24
According to the British Retail Consortium (BRC), total retail sales rose by 1.1% in February year-on-year, attributed partly to February…
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5 March
Arc’teryx opens flagship in Covent Garden
Arc’teryx, the high-performance outdoor apparel brand, has now opened its new flagship store within the newly refurbished listed building at…
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5 March
Deal activity in F&B recovered in 2023, Grant Thornton finds
Deal activity in the food and beverage sector rebounded last year compared with 2022, when dealmaking was put on pause…
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