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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Sep- 2023 -25 September
Iceland complains to Ofgem over conduct of energy firms
Gas and electricity suppliers have been accused of profiteering and discrimination by businesses including Iceland, The Telegraph has reported. According…
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22 September
Today’s news in brief-22/09/23
The Co-operative Group (Co-op) has reported £43m in underlying profits for the first half of the year, a notable improvement…
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22 September
SPAR partners with FareShare to deliver One Million Meals project
SPAR is partnering with FareShare, the UK’s biggest charity fighting hunger and tackling food waste, to provide the equivalent of…
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22 September
Frasers tries to pull Morgan Stanley boss into legal battle
Frasers has reportedly asked a New York court to order Morgan Stanley’s boss to hand over evidence for the group’s…
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22 September
Co-op underlying profits jump to £43m in H1
The Co-op has posted underlying profits of £43m during the first half of the year, up from a £1m loss…
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22 September
Ocado shares suffer worst fall in 11 years
Online supermarket Ocado saw its shares plummet 20% yesterday, its worst fall in 11 years, as a result of being…
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22 September
Currys to recruit for over 1,100 roles ahead of ‘peak’ trading
Technology retailer Currys has today announced plans to create over 1,100 new roles during this year’s “peak” trading period. To…
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22 September
Mothercare revenues decline in FY23
Mothercare has reported that underlying profits slipped from £12m last year to £6.7m in the financial year ended 25 March,…
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22 September
Retail sales recover in August, says ONS
Retail sales have risen 0.4% in August compared to a slight fall of 1.1% in July, according to new data…
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21 September
Today’s news in brief-21/09/23
Wilko’s administrators PwC are reportedly set to begin a review of dividend payouts totalling £77m to investors over the past…
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