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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Mar- 2023 -28 March
Ocado Q1 sales rise 3.4% to £584m
British online supermarket Ocado retail has reported that its Q1 2023 sales increased to £584m, marking a 3.4% rise over…
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28 March
Scotch and Soda rescued by Bluestar Alliance
Dutch fashion brand Scotch and Soda has announced that it has been acquired by New York brand management company Bluestar…
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28 March
Next eyes Cath Kidston acquisition
Next is reportedly in advanced talks to rescue the Cath Kidston brand, in a move that would further expand its…
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28 March
Shop price inflation grows to 8.9% in March
The British Retail Consortium found that for the first seven days of March annual shop price inflation increased to 8.9%…
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27 March
Superdrug opens its largest Scottish store in Braehead
Superdrug has opened its biggest store in Scotland – located in Braehead Shopping Centre. Superdrug said the 9,324sq ft store…
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27 March
In The Style shareholders’ narrowly approve £1.2m deal
In The Style’s shareholders have narrowly approved a sale to a private equity firm in a bid to avoid administration.…
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27 March
Tesco surpasses Whoosh rollout target by 25%
Tesco has surpassed its own target for the rollout of its rapid delivery service Whoosh, which is now available from…
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27 March
Changing ownership model would be ‘tragedy’, says ex-John Lewis boss
Ex-John Lewis boss Andy Street said on Sunday that it would be a “tragedy” if the retailer changed its ownership…
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27 March
Boots owner eyes sale or float by year’s end
Boots faces being sold or floated by the end of 2023, following US boss’ wish to separate the global pharmacy…
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27 March
Issa brothers near £12bn Asda forecourts deal
The billionaire owners of Asda are reportedly nearing the completion of a merger of the supermarket chain and its UK…
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