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 -10 May
John Lewis chair receives council backing despite disapproval on performance
John Lewis chair Dame Sharon White has been backed by the John Lewis council on whether they have confidence in…
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10 May
Sainsbury launches 100% electric delivery fleet in Nine Elms
Sansbury’s has recently announced that its Nine Elms superstore in London will now deliver to customers using a 100% electric…
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10 May
Charles Tyrwhitt to roll out green asset control tech
Menswear brand Charles Tyrwhitt has invested in green asset control technology provided by LoweConex in order to reduce energy consumption…
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10 May
Asda targets Express expansion with new Caine store
Asda has announced plans to open a convenience store in Calne on Tuesday 23 May, which will mark the retailer’s…
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10 May
Asos losses widen to £87m
Asos has revealed a loss before tax of £87.4m in its half-year results for the six months ended 28 February…
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10 May
JD Sports to name BGL exec as new CFO
JD Sports is reportedly set to announce the appointment of a top executive from BGL Group as its new CFO…
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10 May
Natura and Co Q1 profits up 2.4% to BRL5.4bn
Natura and Co has reported that its gross profits were up 2.8% to BRazilian Real (BRL) 5.4bn (£858m) in Q1…
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10 May
UK footfall falls 13% on Coronation Day but London welcomes boost
Last week saw mixed results for retailers as footfall dropped by 13.2% from results in 2022 on Coronation Day (6…
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10 May
Ikea opens new 452,000 sq ft Dartford distribution centre
Ikea UK has recently opened a new 452,000 sq ft customer distribution centre in Dartford, Kent. This new multi-million pound…
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9 May
Regulator to investigate Joules auditor Deloitte
The Financial Reporting Council (FRC) has launched an investigation in relation to Deloitte’s audit of clothing retailer Joules. The investigation…
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