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.
-
Mar- 2023 -8 March
Poundland launches new price comparison campaign
Poundland is reportedly set to launch a new price comparison campaign that will see it compete as an alternative to…
Read More » -
8 March
Co-op hires new chief financial officer
The Co-op has announced the appointment of Rachel Izzard as chief financial officer and a member of the Co-op Group…
Read More » -
7 March
UK sales receive Valentine’s Day boost despite inflation
February retail sales have benefited from Valentine’s Day but numbers remain low compared to last year, according to the latest…
Read More » -
7 March
Zalando’s customer base surpasses 50 million
Zalando, European fashion and lifestyle retailer, has announced that its customer base grew 6% more than 51 million last year…
Read More » -
7 March
Feb supermarket sales rise to 11% amid accelerating inflation
Total till grocery sales soared to 11.1% in the last four weeks ending 25 February 2023, up from 7.6% recorded…
Read More » -
7 March
In The Style offloads business for £1.2m to avoid administration
Online fashion retailer In The Style has agreed to sell the business for just £1.2m as a way to avoid…
Read More » -
7 March
CBI director-general to step aside amid misconduct allegations
The Confederation of British Industry (CBI) has announced that its director-general, Tony Danker, will be stepping away from his role…
Read More » -
7 March
Greggs sales rise 23% in FY22
Greggs has welcomed a strong performance in FY22, with total sales up by 23% to £1.5bn, and like-for-like sales in…
Read More » -
6 March
Waitrose eyes revamp of its 332 stores
Waitrose reportedly has plans for a major refurbishment programme across its 332 store estate facilitated by a series of cost…
Read More » -
6 March
Victoria’s Secret sales fall 6% in FY22
Lingerie retailer Victoria’s Secret recently announced that sales for the full-year 2022 fell 6% compared to the previous year and…
Read More »
