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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May- 2023 -24 May
M&S FY sales and profits jump as turnaround strategy bites
M&S has seen its full-year profits and sales increase despite the ongoing cost-of-living crisis and tough economic conditions over the…
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24 May
Barbour names UK&I managing director
Barbour has announced the promotion of Paul Wilkinson, the brand’s global marketing, commercial and managing director in the US, as…
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24 May
Lidl increases pay for third time in 12 months
Lidl GB has announced its third pay rate increase in 12 months which will impact all of its 24,500 hourly-paid…
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24 May
Kingfisher Q1 sales hit £3.3bn
Kingfisher has revealed that it has posted £3.3bn in sales for the three months to 30 April 2023, an increase…
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23 May
Next staff secure ‘significant’ win in equal pay battle
More than 2,000 Next store staff who are taking legal action against the group for equal pay have won the…
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23 May
Aldi crowned Drink Awards ‘Multiple Retailer of the Year’
Supermarket chain Aldi has recently been crowned ‘Multiple Retailer of the Year’ at the Drinks Business Awards. The result, announce…
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23 May
Morrison rolls out new loyalty programme
Morrisons has announced the nationwide rollout of its new Morrisons More Card loyalty programme, which also includes the return of…
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23 May
Mike Ashley set for Mulberry boardroom showdown
Mike Ashley could be set for a boardroom showdown with the majority shareholder at Mulberry, according to reports from The…
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23 May
Topps Tiles HY profits drop despite record sales
Topps Tiles has seen its profit before tax drop to £1.7m compared with £5.6m in the same period last year,…
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23 May
Alex Marsh steps down as Klarna UK head
Klarna’s UK head, Alex Marsh, has announced that he is stepping down from the Swedish buy-now-pay-later (BNPL) company. Marsh resigns…
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