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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May- 2023 -30 May
Food price inflation falls to 15.4% in May
The British Retail Consortium (BRC) has revealed that food inflation has decreased for the first time this year to 15.4%…
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30 May
Asda acquires EG Group UK for £2.27bn
Asda has announced that it has acquired the majority of EG Group’s UK and Ireland fuel, foodservice, grocery and merchandise…
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30 May
New Look names Deloitte to advise on £100m debt refinancing
New Look has reportedly appointed Deloitte to advise on its options for refinancing a £100m debt that is due to…
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26 May
Man City opens interactive store at Manchester Arndale
Manchester Arndale has announced that Manchester City is set to open the club’s new store in the former Pink unit…
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26 May
Greggs opens first concession with Sainsbury’s
Greggs and Sainsbury’s have recently teamed up to bring customers a new type of concession inside Sainsbury’s Biggleswade petrol station.…
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26 May
Mango to open 13 new UK stores this year
Mango has announced an expansion across the south and centre of the UK, with 13 planned store openings over the…
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26 May
Sainsbury’s moves own brands under Stamford Street range
Sainsbury’s has announced it has combined all of its own-label value ranges under one brand – Stamford Street. Named after…
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26 May
Asos raises £75m alongside £275m asset based refinancing deal
Asos has announced that it has raised £75m from shareholders as well as landing a lucrative refinancing deal based on…
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26 May
Nike announces senior leadership changes
Nike has recently announced senior leadership changes that will continue to build on its strong momentum and underscore its commitment…
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26 May
Asda owners set to announce £10bn merger with EG Group
The owners of Asda are said to be in the final stages of completing a £10bn merger between the supermarket…
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