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 -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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9 October
The Lexicon announces new retail lettings
The Lexicon has secured new lettings to Giggling Squid, Søstrene Grene, Robert Dyas, Five Guys, ChopStix, German Doner Kebab, Tortilla,…
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9 October
Asda rebrands first 11 Co-op sites into Express stores
Asda has launched its programme to convert 116 convenience stores and attached petrol station forecourts acquired from the Co-op Group…
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9 October
Aldi to recruit 3,000 roles ahead of Christmas
Aldi has revealed it is recruiting for 3,000 store roles ahead of the festive period. The supermarket is looking to…
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9 October
Waitrose in talks with Amazon over grocery deal
Waitrose is reportedly in talks with Amazon to consider selling groceries on the platform in a bid to regain market…
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9 October
Very Group suppliers see credit insurance pulled
Suppliers for the Very Group have seen its credit insurance pulled by Allianz Trade amid concerns around the retailer’s falling…
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9 October
Natura sets final bid deadline for The Body Shop
Body Shop owner Natura and Co has announced that interested parties have to submit their final bids by 23 October…
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