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 -18 April
Well Pharmacy acquires Lexon wholesaler
Bestway Group subsidiary Well Pharmacy has announced the acquisition of Lexon UK Holdings and Asurex Limited, pharmaceutical wholesalers for an…
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18 April
Bensons for Beds sales rise 9% in Q2
Nationwide bed and mattress retailer Bensons for Beds has reported like-for-like sales for the quarter to end of March rose…
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18 April
Superdrug to invest in 25 new stores
Health and beauty retailer, Superdrug, has announced plans to invest in 25 new stores this year, expanding its bricks-and-mortar retail…
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18 April
THG faces takeover bid as FY losses widen
THG has seen its operating loss more than double to £495.6m in the preliminary results for FY22, which closely follow…
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18 April
B&M axes online home delivery offering
B&M has axed its online home delivery service after trialling the offering, according to coverage from Retail Week. According to…
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18 April
Food and drink inflation in supermarkets surges 17.2% in March
Overall food and drink inflation in supermarkets rose 17.2% in March, up from 16.5% last month, according to data from…
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17 April
M&Co to close 43 shops by end of April
Scottish chain store M&Co has confirmed the closure of 43 of its sites by the end of the month. The…
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17 April
Retail M&A deals up 30% since pre-pandemic times, study finds
The number of UK M&A deals targeting retailers has increased by 30% since before the pandemic, with 34 retail M&A…
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17 April
Asda to trial driverless deliveries in London
Asda has partnered with Wayve self-driving vehicles in a year-long trial that will give the supermarket the ability to autonomously…
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17 April
Just Hype rescued in pre-pack administration deal
Streetwear brand Just Hype has been rescued from collapse following a pre-pack administration deal, according to Drapers. Drapers reported that…
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