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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Feb- 2023 -28 February
AO ups FY guidance amid improved margins
Online electrical retailer AO now expects its adjusted EBITDA to be in a range of £37.5m to £45m for the…
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27 February
Supermarket bosses set for talks with gov over food shortages
The government has reportedly summoned the UK’s supermarket bosses for talks in order to find a solution to stop food…
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27 February
John Lewis hires new design director
John Lewis has appointed Charlotta Elgh as its first director of design for home. The retailer revealed a shift in…
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27 February
Primark owner raises guidance after better than expected trading
Primark owner Associated British Foods (ABF) has announced that it is raising its full-year guidance after Primark traded unexpectedly well.…
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27 February
Adidas and West to sell leftover Yeezy stock in new agreement
Adidas has reached a new agreement with Kanye West that will ensure that the footwear brand sells the remaining $500m…
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27 February
M&S appoints new non-executive director
Marks and Spencer has appointed a new non-executive director, Cheryl Potter, who will join the board as well as the…
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24 February
Monsoon bolsters childrenswear offering with dedicated boutique
Fashion retailer Monsoon is set to open its inaugural childrenswear boutique, in Westfield, Stratford City. Opening on 1 March, the…
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24 February
Sainsbury’s to offer staff four day work week
Sainsbury’s has reportedly offered its staff the option of working four days a week, according to The Times. Staff based…
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24 February
UK consumer confidence rebounds to highest level since April 2022
UK consumer confidence has bounced back in February to its highest level in almost a year, demonstrating consumers’ resiliency in…
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24 February
B&Q and Screwfix staff to receive 8% pay rise
Kingfisher is reportedly set to increase the hourly pay rate for its B&Q and Screwfix staff by more than 8%…
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