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 -3 January
Morrisons invests £15m to freeze prices across 1000 products
Morrisons has revealed it has invested £15m in order to cut the price of popular products this January in a…
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3 January
THG backs director after shareholder revolt
The board of THG has backed a non-executive director after his re-election was voted against by more than a fifth…
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3 January
Supermarkets see highest December transactions since 2019
Britons made 488 million trips to the supermarkets over the four weeks to 24 December, 12 million more than last…
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3 January
Asda appoints new chief digital officer from Morrisons
Asda has appointed Matt Kelleher as its first chief digital officer with the aim to evolve how it uses data…
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2 January
Today’s news in brief-2/1/24
Central Group is reportedly considering increasing its stake in luxury department store Selfridges as co-owner Sigma faces financial issues. Central…
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2 January
The Co-op welcomes new board members
The Co-operative Group has announced the appointment of Moni Mannings and Luke Jensen as independent non-executive directors, effective from today…
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2 January
Babbico appoints former Mothercare head as new CEO
Baby clothing retailer Babbico has appointed former CEO of Mothercare, Dan Le Vesconte, as CEO, with effect from 1 January…
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2 January
Central Group eyes increased stake in Selfridges
Central Group is reportedly interested in increasing its control of luxury department store Selfridges as its co-owner Sigma faces financial…
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2 January
John Lewis to prioritise retail in new turnaround plan
John Lewis Partnership is going to update its turnaround strategy after chief executive Nish Kankiwala has told its staff that…
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2 January
Aldi and Lidl see record-breaking Christmas
Discount supermarkets Aldi and Lidl have both experienced record-breaking Christmas periods. Aldi posted sales over £1.5bn in the four weeks…
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