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.
-
Jun- 2023 -7 June
M&S swaps ‘Use By’ with ‘Best Before’ dates on fresh milk
Marks and Spencer is swapping the ‘Use By’ dates with ‘Best Before’ ones across its RSPCA Assured Select Farms British…
Read More » -
7 June
Stitch Fix explores UK exit amid falling revenue in Q3
Stitch Fix is exploring the possibility of exiting the UK market in FY23, after its net revenue decreased 20% year-over-year…
Read More » -
7 June
UK consumers feeling cost-of-living more than EU counterparts, EY finds
Cost-of-living pressures have affected UK consumers more than their European counterparts, according to the latest EY UK Future Consumer Index.…
Read More » -
7 June
N Brown appoints new CFO
N Brown has named Dominic Appleton as its new chief financial officer, succeeding Rachel Izzard who has stepped down after…
Read More » -
7 June
Boots CFO steps down
Boot’s chief financial officer Michael Snape has recently quit his role after five years in the position. Snape joined the…
Read More » -
7 June
Sainsbury’s CEO lands near £5m pay packet
The CEO of Sainsbury’s Simon Roberts received a pay packet of £4.95m last year in the form of cash and…
Read More » -
7 June
Asos suppliers cut ties amid falling profits
Suppliers to Asos have reportedly started cutting ties with the online retailer after credit insurers withdrew cover amid concerns over…
Read More » -
7 June
Zara owner Inditex Q1 sales up by 13% to €7.6bn
Zara owner Inditex has revealed that sales grew 13% in the first three months of 2023 to reach €7.6bn (£6.5bn),…
Read More » -
6 June
Aldi crowned cheapest supermarket for the 12th month in a row
Aldi has been named the UK’s cheapest supermarket in May by Which? for the 12th consecutive month. The consumer champion’s…
Read More » -
6 June
Taxpayer money spent on Amazon hits ‘record-breaking’ £222m
Taxpayer cash spent on Amazon hit a “record-breaking” £222m last year, according to a new report commissioned by GMB Union. …
Read More »
