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
UK consumer confidence up four points, says GFK
GfK’s long-running Consumer Confidence Index increased four points to -21 in September amid falling inflation figures, growth in wages and…
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25 September
THG’s £200m HQ sale falls through
THG boss Matt Moulding has reportedly seen his plan to offload the business park which hosts the headquarters of THG,…
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25 September
Aldi to invest £1.4bn in UK-wide expansion
Aldi has announced that it would increase its rate of investment in the UK in the next two-year period to…
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25 September
H&M makes U-turn over in-store return fee
H&M has recently decided not to charge customers a processing fee of £1.99 for online returns made in store, according…
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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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