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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Apr- 2023 -26 April
Pret A Manger hikes price of coffee subscription as it expands offering
Pret A Manger has increased its monthly coffee subscription by 20% to £30 per month and expanded it to include…
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26 April
Majestic makes ‘biggest investment ever’ in staff pay
Majestic, the specialist wine retailer, has revealed it has made its “biggest ever investment” in colleague pay to recognise the…
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26 April
New Look axes further head office roles
Four department head roles have reportedly been made redundant at New Look, a month after reports first emerged that 70…
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26 April
Card Factory acquires SA Greetings for £2.5m
Card Factory, the UK’s specialist retailer of greeting cards, has announced it has acquired the entire share capital of SA…
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26 April
Amazon workers in Coventry start union recognition process
GMB union has confirmed that it has started the process for Amazon Coventry’s union recognition, following two weeks of strike…
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26 April
Ted Baker CEO to step down after takeover
Ted Baker CEO Rachel Osbourne is set to step down from her position following the takeover by Authentic Brands Group…
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25 April
Next to launch Joules ‘much earlier than expected’ but jobs at risk
Next has warned that some jobs may be at risk ahead of Joules’ total platform (TP) launch, which is set…
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25 April
Shopping sales at the O2 rise 44% in Q1
The O2, London’s multi-purpose venue, has reported like-for-like sales across outlet shopping up 44%, F&B sales up 26% and total…
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25 April
Planet Organic founders acquire grocer out of administration
Bioren Limited, whose shareholders include the founders of Planet Organic, Renée and Brian Elliott, has beaten out competition from Sainsbury’s…
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25 April
Ocado to close warehouse risking 2,300 jobs
Ocado has announced that it is closing its fulfilment centre in Hatfield putting 2,300 jobs at risk. The retailer stated…
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