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 -7 June
Boots CFO steps down
Boot’s chief financial officer Michael Snape has recently quit his role after five years in the position. Snape joined the…
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7 June
Sainsbury’s CEO lands near £5m pay packet
The CEO of Sainsbury’s Simon Roberts received a pay packet of £4.95m last year in the form of cash and…
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7 June
Asos suppliers cut ties amid falling profits
Suppliers to Asos have reportedly started cutting ties with the online retailer after credit insurers withdrew cover amid concerns over…
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7 June
Zara owner Inditex Q1 sales up by 13% to €7.6bn
Zara owner Inditex has revealed that sales grew 13% in the first three months of 2023 to reach €7.6bn (£6.5bn),…
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6 June
Aldi crowned cheapest supermarket for the 12th month in a row
Aldi has been named the UK’s cheapest supermarket in May by Which? for the 12th consecutive month. The consumer champion’s…
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6 June
Taxpayer money spent on Amazon hits ‘record-breaking’ £222m
Taxpayer cash spent on Amazon hit a “record-breaking” £222m last year, according to a new report commissioned by GMB Union. …
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6 June
Central Co-op to become a ‘Fertility Friendly’ employer
Central Co-op has partnered with the social enterprise educational training provider Fertility Matters at Work, as it works towards becoming…
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6 June
Boots among companies hit by cyber attack
Boots is one of a number of major companies including the BBC and British Airways that has been bit by…
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6 June
Image Skincare appoints new CEO
Image Skincare has appointed Sennen Pamich, former president of Wella Company Americas, as CEO, effective May 2023. Pamich brings more…
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6 June
Pepco profits dip despite revenue surge
Pepco has reported a 6% decrease in profit before tax from €144m (£124m) down to €134m (£115m) during the six…
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