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 -11 October
Currys to consider offers for Greek business
Currys has announced that it is weighing up offers for its Greek business Kotsovolos after commencing a strategic review in…
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10 October
Today’s news in brief-10/10/23
Grocery price inflation has fallen for the seventh consecutive month, reaching 11% for the four weeks ending on October 1,…
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10 October
Poundland to open nine more converted Wilko stores
Poundland has confirmed another nine former Wilko stores have been converted and will open their doors the upcoming weekend. The…
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10 October
Superdrug to hire 1,000 sales assistants ahead of Christmas
Superdrug is looking to hire an additional 1,000 sales assistants for the golden retail quarter, which includes Black Friday, Advent…
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10 October
Mamas and Papas expands in South East Asia
Mamas and Papas, the high street nursery brand, has announced a series of new partnerships with retailers in South East…
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10 October
UK retail sales growth slows to 2.7% in September
UK total retail sales growth slowed to 2.7% in September, compared to 2.2% in September 2022, according to the BRC. …
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10 October
Shein appoints investor as group vice chair
Fast fashion brand Shein has announced the appointment of investor Marcelo Claure as its new group vice chairman. Claure, who…
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10 October
Grocery price inflation falls for seventh consecutive month
Grocery price inflation has fallen for the seventh month in a row to 11% for the four weeks to 1…
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10 October
River Island profits plummet 90% despite rise in turnover
River Island operating profits dropped by 90% year-on-year to £7.4m, despite turnover rising 11.6% year-on-year to £825.8m for the 53…
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9 October
Today’s news in brief-09/10/23
Frasers Group CEO Michael Murray has announced a significant shift away from the traditional department store model for House of…
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