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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Apr- 2023 -12 April
CBI sacks director general amid misconduct claims
The Confederation of British Industry (CBI) has dismissed its director general Tony Danker following allegations of misconduct. Last month, it…
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12 April
Games Workshop appoints new non-executive director
Miniature wargames manufacturer Games Workshop has recently announced the appointment of Mark Lam as non-executive director at the company. The…
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12 April
Sosandar swings to FY profit as revenues rise 44%
Sosandar is set to welcome its first full-year of profitability in what it called a “milestone” year for the group,…
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12 April
Marks Electrical revenues up 21.5%
Marks Electrical has seen its FY revenues jump 21.5% to £97.8m, up from £80.5m, for the 12 months ended 31…
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12 April
Footasylum to expand store portfolio amid increased demand
Footasylum, the retailer of fashion streetwear and sportswear, has announced its plans for a series of new store openings and…
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11 April
Tesco eyes supplier price cuts in bid to lead supermarket deflation
Tesco is reportedly set to push suppliers for price cuts as it looks to pass on lower prices to consumers…
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11 April
Footfall surges 18.6% on Good Friday
Good Friday footfall (up to 5pm) has provided a welcome boost to retailers as it surged by 18.6% compared with…
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11 April
Waitrose to launch Gail’s Bakery areas in 64 stores
Supermarket chain Waitrose has recently revealed it will add dedicated Gail’s Bakery areas in 64 of its shops in the…
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11 April
UK retail sales jump 5.1% in March
Total retail sales in the UK were up 5.1% in March according to data from the British Retail Consortium and…
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11 April
Poundstretcher eyes stock market listing
Poundtsretcher is reportedly eyeing a floatation on the stock market, The Mail On Sunday has reported. According to City sources,…
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