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- 2021 -6 May
Sainsbury’s appoints Paula Nickolds as commercial director
Sainsbury’s has announced the appointment of Paula Nickolds as general merchandise and clothing commercial director at the group. Formerly a…
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6 May
Next increases full-year profit guidance to £720m amid sales surge
Next has increased its pre-tax profits guidance for the full year to £720m from £700m after seeing a surge in…
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6 May
Zalando raises FY guidance amid strong Q1 performance
Zalando has upgraded its full-year guidance after delivering its “strongest growth ever” since going public in 2014. It comes as…
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6 May
Superdry revenue slumps 21% in full-year results
Superdry saw revenue fall 21% to £556.6m in the full-year ended 24 April 2021, despite witnessing a slight growth of…
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6 May
Boohoo welcomes Tim Morris as non-executive director
Boohoo has appointed Tim Morris as a non-executive director. Morris is also currently group general counsel and company secretary at…
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6 May
Issa brothers step closer to Asda buyout
The Issa brothers are a step closer to completing their £6.8bn Asda buyout, having offered to address concerns put forward…
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6 May
Retail workers suffer worst mental health of any employee group
Retail staff in the UK are currently suffering among the worst mental wellbeing of any employee group, according to the…
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5 May
Co-op to sell carbon neutral own-brands by 2025
Co-op has announced that it will be the first supermarket to sell fully carbon neutral own brand food and drink…
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5 May
Notonthehighstreet names Ed Wagener as CFO
Notonthehighstreet has announced the appointment of Ed Wagener as the group’s new chief financial officer (CFO). Having most recently acted…
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5 May
Pepco valued at £5bn ahead of Warsaw listing
Pepco Group, the owner of brands such as Poundland, Pep&Co and the Dealz brands, has been valued at between €4.8bn…
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