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 -9 June
Frasers ups stake in Asos for second time in a week
Mike Ashley’s Frasers Group has upped its stake in embattled online retailer Asos for the second time this week. Frasers…
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9 June
Mothercare CEO steps down after five months
Mothercare CEO Daniel Le Vesconte has stepped down from his role with immediate effect after only five months. Vesconte joined…
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9 June
Shoe Zone ups guidance as trading ‘exceeds expectations’
Shoe Zone has raised its full-year guidance after recently announcing that trading has exceeded expectations since the release of its…
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9 June
Timpson FY profits beat expectations at £40m
Timpson Group has welcomed full-year profits of £40.7m in FY22, up from £24.5m the prior year, “way beyond” the group’s…
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9 June
EG Group to amend and extend loan following Asda deal
Retail and petrol forecourt company, EG Group, has announced that it will seek to amend and extend its banking loans…
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8 June
M&S introduces ‘Beauty Takeback’ scheme
Marks and Spencer has announced a partnership with beauty recycling experts, HANDLE, to launch a ‘Beauty Takeback’ scheme in over…
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8 June
Aldi to open 5 new sites
Supermarket chain Aldi is set to open five new stores across the UK in the coming weeks. The grocer, which…
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8 June
Bensons for Beds appoints chief retail officer
Bensons for Beds today has confirmed the appointment of Paul Owen to join its leadership team as chief retail officer.…
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8 June
Tesco and Morrisons ban Chinese state-owned CCTV cameras
Tesco and Morrisons have recently stopped purchasing Chinese-made CCTV cameras amid privacy and human rights concerns, The Telegraph has reported.…
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8 June
The White Company begins search for new London stores
The White Company has launched a search for five new London stores as part of its plans to expand, Drapers…
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