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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Jun- 2023 -19 June
Morrisons invests £26m in sixth course of price cuts
Morrisons has announced that it will spend £26m on cutting prices in its stores for the sixth time this year.…
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19 June
B&Q to cut energy costs by dimming lights in stores
B&Q is reportedly set to dim lights and lower temperatures in stores in order to cut energy costs and avoid…
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19 June
Wilko landlords could face no rent for three years under CVA
Some landlords of Wilko stores could reportedly receive no rent for three years, as the chain looks to make drastic…
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19 June
John Lewis property director steps down
John Lewis Partnership’s property director, Chris Harris, has decided to step down from November after five years with the business.…
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19 June
Fanatics acquires Fexpro to expand business in Latin America
Fanatics, a global digital sports platform and provider of licensed sports merchandise, has completed its acquisition of Fexpro, a leading…
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19 June
MusicMagpie earnings in line with expectations in H1
MusicMagpie has revealed that first half EBITDA increased 7.7%, a figure that is in line with board expectations, for the…
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16 June
CMA clears Amazon’s acquisition of iRobot
The CMA has cleared Amazon’s $1.7bn (£1.3bn) purchase of iRobot, as the authority considered areas of potential concern, after the…
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16 June
EE opens new visionary store in Westfield London
EE has unveiled the future face of retail at its visionary new flagship store, The EE Studio, located in Westfield…
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16 June
Frasers ups stake in Asos to over 10%
Mike Ashley’s Frasers has increased its stake in online fashion retailer asos for the third time in two weeks. Frasers…
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16 June
Kingfisher joins EDRA/GHIN task force to lower Scope 3 emissions
Kingfisher has teamed up with other home improvement companies in an effort to aid the industry in lowering its Scope…
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