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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Jul- 2023 -6 July
THG CEO to sell firm’s Manchester HQ
THG CEO Matt Moulding is set to sell the group’s £250m headquarters in Manchester, Drapers has reported. The site was…
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6 July
Asda owner to face committee over inflated fuel prices
The Commons business and trade committee has reportedly informed Asda owner Mohsin Issa about “apparent discrepancies” in the price of…
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6 July
TikTok opens pop-up shop on Oxford Street
TikTok Shop UK is opening its first pop up on Oxford Street in London, to show the brands and creators…
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6 July
Currys axes dividend as full-year profits slump
Currys has scrapped its dividend after revealing both profits and sales fell in its full-year results, with the group hit…
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5 July
Superdrug appoints new healthcare director
Superdrug has announced the appointment of Ghada Beal as the health and beauty retailer’s new healthcare director effective from 7…
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5 July
Sainsbury’s swaps steak plastic trays for sustainable cardboard alternative
Sainsbury’s has announced it is removing plastic trays from its steak range and replacing them with a cardboard alternative that…
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5 July
JD Sports broke competition law with Leicester City FC, CMA finds
The CMA has found that JD Sports, together with Leicester City FC, broke competition law by “colluding” to restrict competition…
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5 July
Naked Wines appoints former founder as chair, delays FY results
Naked Wines has announced the appointment of founder and former CEO Rowan Gormley as its new chairman. The wine retailer…
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5 July
Topps Tiles sees sales rise 4.4% in Q3 2023
Topps Tiles, the UK’s leading tile specialist, has revealed that its total sales increased 4.4% year-on-year in the third quarter,…
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5 July
Mango invests in virtual avatar creation platform
Mango has announced it is investing in Union Avatars, a digital identity platform that creates virtual avatars in different styles,…
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