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 -28 September
Today’s news in brief-28/09/23
Rami Baitiéh will take over as Morrisons’ new CEO from November, succeeding David Potts, who has held the position for…
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28 September
Paul and Shark flagship among Regent Street openings
The Crown Estate has leased its 2,500 sq ft retail space at 233 Regent Street to Paul and Shark. This…
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28 September
Sainsbury’s to use paper packaging on toilet and kitchen rolls
Sainsbury’s is the first UK retailer to announce it is switching from plastic to paper packaging across its entire own-brand…
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28 September
Poundland to open 10 former Wilko stores
Poundland has announced it is set to open 10 former Wilko stores this Saturday (30 September) after it secured an…
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28 September
Asda introduces new commercial operating model
Asda has briefed colleagues on plans to introduce a new operating model for its commercial function at its home office…
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28 September
Morrisons appoints new chief executive
Morrisons has announced the appointment of Rami Baitiéh as its new chief executive from November. He will succeed David Potts,…
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28 September
People Tree liquidates UK business, owing creditors £8.5m
People Tree is reportedly set to put its UK business into liquidation, owing debts of more than £8.5m to creditors,…
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28 September
Morrisons sales hit £3.8bn in Q3
Morrisons has reported that like-for-like sales not including fuel, increased by 2.9% during Q3 ended 30 July, increasing its total…
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28 September
BPF calls for extended empty rates relief
The British Property Federation (BPF) has called on the government to extend the business rates relief for empty properties to…
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27 September
Today’s news in brief-27/09/23
Tesco is freezing prices on over 1,000 items until 2024 in response to the cost-of-living crisis. Products like Typhoo One…
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