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- 2022 -14 April
Asda owner eyes Butlin’s takeover
TDR Capital, one of the principal owners of Asda, is reportedly eyeing a takeover bid for holiday camp chain Butlin’s,…
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14 April
Supermarket shares crash amid Tesco profit warning
UK Supermarkets saw almost £1bn wiped off their value yesterday as the cost of living crisis began to take hold,…
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14 April
Sainsbury appoints new non-executive director
Sainsbury has announced that Jo Bertram will join the board as a non-executive director and member of the CR&S Committee…
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13 April
Zalando appoints senior vice president of Corporate Development
Zalando, the European online platform for fashion and lifestyle, has strengthened its senior leadership team with the appointment of Padmaja…
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13 April
Tesco sees profits treble but warns of soaring inflation costs
Tesco has revealed its pre-tax profits more than doubled to more than £2bn, up from £636m last year, for the…
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13 April
Ted Baker confirms Sycamore to take part in sales process
Ted Baker has confirmed that US private equity service firm Sycamore Partners is to take part in its formal sales…
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13 April
M&S partners with Hirestreet for new rental collection
M&S has launched a new clothing rental collection with Hirestreet in a move that marks the biggest ever retailer collaboration…
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13 April
Aldi trials all-electric trailer to lower delivery fleet emissions
Aldi has announced it is trialling an all-electric refrigerated trailer to form part of its efforts to reduce lower carbon…
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13 April
UK inflation hits 7% amid rising fuel costs
The annual rate of inflation has hit a new 30-year record with a rise of 7% in the 12 months…
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12 April
Watches of Switzerland unveils leadership shakeup
The Watches of Switzerland Group PLC has announced the appointment of Chabi Nouri to the board as an independent non-executive…
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