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 -26 May
Sainsbury’s moves own brands under Stamford Street range
Sainsbury’s has announced it has combined all of its own-label value ranges under one brand – Stamford Street. Named after…
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26 May
Asos raises £75m alongside £275m asset based refinancing deal
Asos has announced that it has raised £75m from shareholders as well as landing a lucrative refinancing deal based on…
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26 May
Nike announces senior leadership changes
Nike has recently announced senior leadership changes that will continue to build on its strong momentum and underscore its commitment…
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26 May
Asda owners set to announce £10bn merger with EG Group
The owners of Asda are said to be in the final stages of completing a £10bn merger between the supermarket…
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26 May
Burberry appoints new chief people officer
Burberry has appointed Alexandra McCauley as its new chief people officer. McCauley, who will start in London on 15 November…
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26 May
April retail sales rise by 0.5%
The Office for National Statistics has revealed that retail sales volumes rose by an estimated 0.5% in April, following a…
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25 May
Amazon workers in Coventry stage two more strike days
GMB Union members at an Amazon fulfilment centre in Coventry staged a strike yesterday (24 May) with another planned for…
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25 May
Westminster calls for landlords to end Oxford Street candy shop leases
Westminster City Council is taking its campaign against US-style candy and souvenir stores further by appealing directly to freeholders and…
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25 May
Jeroboams to open tenth location
Jeroboams, London’s local wine merchant, has signed to open a new store at 336 King’s Road, marking its tenth location…
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25 May
A&F sales hit $836m in Q1
Abercrombie and Fitch has reported a 3% increase in net sales to $836m (£675m) for the first quarter of 2023. …
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