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 -14 June
UK retailers need to do more for diversity and inclusion, BRC says
UK retailers must put more strategies in place regarding diversity and inclusion among their top executives, the BRC reported. According…
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14 June
Games Workshop expects PBT to rise to £170m
Games Workshop has revealed it expects its profit before tax for the year to be no less than £170m, up…
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14 June
CMA orders Sainsbury’s and Asda to stop anti-competitive land agreements
Sainsbury’s and Asda have recently been ordered to stop using unlawful anti-competitive land agreements by the Competition and Markets Authority…
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14 June
Asda to freeze prices on more than 500 products
Asda has announced that it has frozen the prices of over 500 branded and own-branded products following an investment to…
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14 June
BRC names new chairman
The BRC has announced the appointment of Andy Higginson as the new incoming chairman to succeed Tony De Nunzio in…
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14 June
Next in talks over £500m Reiss sale
Next is reportedly in talks over a potential sale of fashion chain Reiss, which it currently controls with a 51%…
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14 June
Marks Electrical posts record revenues of £97.8m
Marks Electrical has posted record revenues of £97.8m for the year ended 31 March 2023, compared with £80.5m in FY22.…
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13 June
Aldi sees frozen fish and seafood volume market share soar
Aldi has increased its volume market share of frozen fish and seafood from 12.0% to 14.3% in the 12-week period…
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13 June
Trust in supermarkets falls to nine-year low, Which? finds
Trust in the food industry has dropped to a nine-year low, Which? research finds, as two-thirds of consumers say they…
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13 June
Secret Sales appoints new CTO to accelerate marketplace platform
Secret Sales, the non-full price marketplace for fashion, sportswear and beauty brands, has appointed Leon Shepherd as its new chief…
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