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 -21 February
Wilko unveils new leadership team
Wilko’s new CEO Mark Jackson has announced a new senior leadership team which forms part of its plan to stabilise…
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21 February
Tesco gives staff third pay rise in 10 months
Tesco has announced that it has agreed to raise its staff’s hourly wages by 72p from £10.30 to £11.02. This…
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21 February
Marks & Spencer launches The Sport Edit following acquisition
Marks & Spencer has launched The Sports Edit on M&S.com, following the acquisition of the sports platform at the beginning…
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21 February
Asda appoints new chief customer officer
Asda has announced the appointment of David Hills as the retailer’s new chief customer officer. The current acting CCO, Sam…
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21 February
Shein targets huge revenue growth ahead of IPO
Shein has reportedly set plans to nearly double its revenue to almost $60bn ($50bn) by 2025, whilst telling investors it…
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20 February
Aldi eyes London store estate expansion
Aldi has announced it is looking to increase its presence in London and around the M25 as part of a…
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20 February
Nearly 15,000 retail jobs lost in 2023
Nearly 15,000 retail jobs have been lost since the start of the year, according to new data from the Centre…
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20 February
Amazon to ask workers to return to office
Amazon has announced that it will be asking its staff to return to the office for at least three days…
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20 February
Tesco explores sale of banking arm
Tesco is reportedly set to launch a review of its banking arm which could lead to the sale of the…
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17 February
Harvey Nichols appoints ecommerce director
Harvey Nichols has announced the appointment of Annabel Thorburn, the current senior vice president of ecommerce at Sweaty Betty, as…
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