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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Jan- 2024 -31 January
H&M announces new CEO as Q4 sales dip
H&M has today (31 January) announced the appointment of its new CEO, Daniel Ervér, as the group struggled to maintain…
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31 January
The Body Shop to offload part of international businesses
The Body Shop is set to sell parts of its business in Europe and Asia under its new owners Aurelius,…
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31 January
John Lewis ‘will return to profit this year’, White insists
John Lewis Partnership chair, Dame Sharon White, has said the business will return to profit this year, The Telegraph has…
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30 January
Today’s news in brief- 30/1/24
Online marketplace Secret Sales has appointed Anthony Farrow as its new Chief Technology Officer. Farrow, with 23 years of experience…
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30 January
Freemans sales jump 5% during Christmas
Freemans, the digital department store, announced today (30 January) a strong Christmas trading with continued growth. Sales figures for the…
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30 January
Less shoppers stick to a weekly grocery shop routine, report finds
Just 16% of shoppers now report sticking to a weekly shop schedule, down from 26% in 2020, according to Savanta’s…
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30 January
Secret Sales appoints new chief technology officer
Secret Sales has announced the appointment of Anthony Farrow as the online marketplace’s new chief technology officer. The appointment comes…
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30 January
Pets at Home lowers guidance despite Q3 revenue jump
Pets at Home has lowered its underlying profit before tax guidance to around £132m despite the fact its group revenue…
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30 January
Shop price inflation drops to lowest level since 2022
Shop Price annual inflation eased to 2.9% in January, down from 4.3% in December, marking the lowest level since May…
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30 January
Poundland begins transition to new general merchandise ranges
Poundland has confirmed that it has begun a “complete overhaul” of its general merchandise ranges that will see it introduce…
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