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 -8 February
Lidl to scale back store openings and focus on warehouse capacity
Lidl is reportedly planning to slow down its store opening programme as it instead focuses on growing its warehouse capacity.…
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8 February
Sainsbury’s unveils Black founder-led brands amid £1m incubator success
Sainsbury’s has announced the first three Black founder-led brands to be hitting shelves this year after being selected to take…
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8 February
Wilko launches click-and-collect in UK stores
Wilko has launched a click-and-collect service that will be available in all of its UK stores. The introduction of this…
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7 February
Victorian Plumbing appoints new CFO
Victorian Plumbing Group has revealed that Paul Meehan, the group’s chief financial officer, is set to step down and will…
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7 February
Crew Clothing to open 40 brick-and-mortar stores by 2025
Crew Clothing has plans to open 40 new brick-and-mortar stores by 2025 across market towns and coastal resorts in the…
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7 February
Jan retail sales rise 4.2% but fall YOY
Total retail sales in the UK rose 4.2% in January, a marked drop off when compared with the same period…
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7 February
Credit insurer pulls cover for Iceland’s suppliers amid rising costs
A leading credit insurer has cut its cover on suppliers to Iceland as the supermarket faces growing pressure amid the…
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7 February
Grocery sales rise 7.6% due to food price inflation
Total till grocery sales rose by 7.6% in the four week period to January 28, but this was due to…
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6 February
Aldi to donate £1m in apprenticeship funding to SMEs
Aldi is set to donate £1m to small and medium-sized businesses in 2023, to help fund local apprenticeship schemes across…
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6 February
Amazon to sublet UK warehouses as growth slows
Amazon is reportedly planning to sublet its empty warehouses across the UK, as it has continued to halt growth plans…
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