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 -19 June
MusicMagpie earnings in line with expectations in H1
MusicMagpie has revealed that first half EBITDA increased 7.7%, a figure that is in line with board expectations, for the…
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16 June
CMA clears Amazon’s acquisition of iRobot
The CMA has cleared Amazon’s $1.7bn (£1.3bn) purchase of iRobot, as the authority considered areas of potential concern, after the…
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16 June
EE opens new visionary store in Westfield London
EE has unveiled the future face of retail at its visionary new flagship store, The EE Studio, located in Westfield…
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16 June
Frasers ups stake in Asos to over 10%
Mike Ashley’s Frasers has increased its stake in online fashion retailer asos for the third time in two weeks. Frasers…
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16 June
Kingfisher joins EDRA/GHIN task force to lower Scope 3 emissions
Kingfisher has teamed up with other home improvement companies in an effort to aid the industry in lowering its Scope…
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16 June
Tesco sales up 9% amid signs of easing inflation
Tesco has announced that its sales excluding fuel in the UK and Ireland have risen 9% to £13.8bn for the…
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16 June
CEO of Frasers Fashion departs group
The CEO of Frasers Fashion, Greg Pateras, has departed the business this week. Before assuming his role at Frasers, Pateras…
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16 June
Halfords shares dip after BDO delays audit results
Halfords, the UK’s leading retailer of motoring and cycling products, has announced there will be a delay to the publication…
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16 June
Currys commences strategic review of Greek arm
Currys has announced that it is commencing a strategic review of its Greek business, Kotsovolos, which could lead to a…
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16 June
WHSmith partners with Retail Trust to boost staff wellbeing
WHSmith is introducing new measures to support its employees’ health and happiness after partnering with retail industry charity the Retail…
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