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 -17 March
Morrisons teams up with Jempsons to launch six stores
Supermarket chain Morrisons has announced a partnership with independent retailer Jempsons to launch six new stores under its ‘Together with…
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17 March
Brunello Cucinelli revenues rise 29.1% to €919.7m
Brunello Cucinelli has reported that its 2022 revenues increased to €919.7m (£807.2m), marking a 29.1% rise over 2021, according to…
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17 March
Aldi gives additional pay rise for store staff
Aldi has announced it is raising its starting pay for store assistants to a minimum of £11.40 per hour nationally,…
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17 March
Mango invests in party clothing rental start-up La Más Mona
Mango has announced that its StartUp Studio will be investing in party dress and accessories rental platform, La Más Mona…
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17 March
Sosandar appoints interim non-executive chairman
Sosandar has announced the appointment of Nick Mustoe as its interim non-executive chairman. The move comes after its former non-executive…
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16 March
Retailers welcome budget but ‘missed opportunity’ for rates reform
Retail has welcomed the support for households in the face of the cost of living crisis in the chancellor’s Spring…
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16 March
DFS profits dip in H1 amid rising costs
Furniture specialist DFS has revealed a decline in profits in H1 due to rising costs and a weak market environment…
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16 March
Strikes cause 11.1% decrease in retail footfall, reports Springboard
Footfall declined 11% yesterday as a result of the UK-wide strike action, according to a new report by MRI Springboard.…
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16 March
John Lewis Partnership appoints new CEO
The John Lewis Partnership has announced the appointment of Nish Kankiwala as its new CEO. Kankiwala has been a non-executive…
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16 March
Superdrug raises pay for newly-qualified pharmacists
Superdrug has announced a pay increase for newly-qualified pharmacists that will see their wages rise to £50k. The news comes…
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