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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Nov- 2022 -21 November
Wilko in talks for £30m lifeline
Wilko is in talks to secure a £30m cash injection as cost pressures intensify in the run-up to Christmas, according…
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18 November
Marks and Spencer announces interim CFO
Marks and Spencer have announced that Jeremy Townsend is joining the business as Interim CFO on 22 November 2022. Following…
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18 November
UK consumer confidence rises to -44 in November
The consumer confidence index increased three points in November up to -44, but it still remains close to a historic…
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18 November
Primark continues US expansion with NY store
Primark has continued its US expansion with the opening of its first of three new stores in New York. The…
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18 November
October sales rise 0.6% but remain behind pre-Covid levels
The Office for National Statistics (ONS) reported that retail sales volumes rose by an estimated 0.6% in October, following a…
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18 November
Job cuts will continue into 2023, warns Amazon CEO
Amazon has confirmed that further cuts to its workforce should be expected in 2023, as the group continues its annual…
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18 November
Retail reacts: Gov has taken ‘first step to longer term reform’
The retail industry has welcomed chancellor Jeremy Hunt’s Autumn budget announcement, with the BRC saying it shows “the government has…
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17 November
Chancellor freezes tax thresholds in Autumn statement
Chancellor Jeremy Hunt has announced a raft of measures to help “stabilise” the UK economy and reduce inflation, with tax…
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17 November
AO expands fleet with 130 new delivery vans
Online electricals retailer AO has acquired 130 new home delivery vans from Fraikin, as part of an ongoing contract hire…
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17 November
Uniqlo to open Covent Garden store
Uniqlo has announced it will open a new store in Covent Garden as it continues its expansion across the UK.…
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