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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Oct- 2023 -27 October
Today’s news in brief-27/10/23
Tesco has appointed Matthew Barnes as the new UK CEO, effective March 2024, succeeding Jason Tarry, who will step down…
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27 October
On to open new store in Spitalfields Market
Swiss sports brand On has announced the opening of its second UK store, located in Spitalfields Market in East London. …
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27 October
Sainsbury’s Lothian wind farm reaches completion
Sainsbury’s has completed its brand-new wind farm in Scotland, which will add up to 50 megawatts of electrical capacity to…
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27 October
Hermes sees revenues jump 16% to €3.3bn
Hermes has recorded a 16% increase in revenues to €3.3bn (£2.87bn) in the three months 30 September 2023. All the…
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27 October
Amazon Q3 net sales rise 13% to $143.1bn
Amazon has revealed that its net sales rose 13% to $143.1bn (£118bn) for the three months ended 30 September 2023,…
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27 October
Standalone Wilko stores to return to high street this year
Standalone Wilko stores are set to return to the high street and retail parks across Britain, including Northern Ireland for…
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27 October
Lakeland partners with Retail Trust for new staff wellbeing measures
Kitchenware and homeware retailer Lakeland has begun working with retail industry charity the Retail Trust to protect the wellbeing of…
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27 October
Tesco names Matthew Barnes as new UK CEO
Tesco has announced the appointment of Matthew Barnes as its new UK CEO effective from March 2024, following news that…
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26 October
Today’s news in brief-26/10/23
Majestic Wines has marked a significant milestone by opening two new stores in one week, a feat not accomplished in…
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26 October
Fashion brand launched by Ukrainian refugee to open London pop-up
After launching her new fashion brand Nenya in Leeds in October last year, Ukrainian refugee Yana Smaglo is taking her…
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