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- 2022 -28 March
Ted Baker rejects Sycamore takeover proposals
The board of Ted Baker PLC has confirmed it has rejected two unsolicited non-binding proposals from Sycamore Partners Management L.P.,…
Read More » -
28 March
Co-op CEO Steve Murrells to step down at AGM
The Co-op Group has announced that its Group CEO, Steve Murrells will step down following this year’s AGM in May.…
Read More » -
25 March
Morrisons announces delivery partnership with Gopuff
Morrisons has announced a multi-year partnership with Gopuff, the goods and food delivery company, which will see the supermarket’s fresh…
Read More » -
25 March
Apollo lines up banks to finance Boots bid
Private equity firm Apollo Global Management is reportedly lining up banks to help it finance a takeover offer for UK…
Read More » -
25 March
Wickes profit soars 71% in FY21 as it ‘outperforms’ market
Wickes has announced that its profit-before-tax soared by 71.7% to £85m in FY21, up from £49.5m the year before, as…
Read More » -
25 March
Prada makes three new appointments to management team
The Prada Group has announced three “strategic” appointments to its “top” management team. It revealed Andrea Bonini has been appointed…
Read More » -
25 March
Made.com’s non-executive director to step down
Made.com Group Plc has announced that Bruno Crémel will retire from his role as a non-executive director. He will step…
Read More » -
25 March
Retail sales volumes fall 0.3% in February, ONS says
Retail sales volumes fell by 0.3% in February 2022 following a rise of 1.9% in January 2022, according to the…
Read More » -
24 March
McColl’s CEO steps down amid funding troubles
McColl’s Retail Group plc has announced that Jonathan Miller has stepped down from his role as chief executive officer (CEO)…
Read More » -
24 March
Retail industry responds to ‘underwhelming’ Spring Statement
Both Bira and CBI have expressed disappointment in the chancellor’s Spring Statement, with Bira having declared it is “underwhelmed with…
Read More »