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 -15 November
Supermarkets see sales improve as they head into Christmas
In the last four weeks supermarkets’ total till value growth increased to 5.3% from 4.7% last month, despite inflation accelerating…
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15 November
Gear4music falls to HY loss despite uptick in revenues
Musical instrument retailer Gear4music has slipped to a half year loss despite reporting a 2% increase in revenues. For the…
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15 November
Primark launches click and collect service in 25 stores
Primark has unveiled the trial of a new click and collect service that will allow customers to shop for products…
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15 November
Unemployment rate rises to 3.6%
The unemployment rate for July to September 2022 increased by 0.2% on the quarter to 3.6, according to the latest…
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15 November
Amazon to cut 10,000 jobs as business takes hit
Amazon is reportedly set to cut up to 10,000 jobs amid a slowdown of business in recent months, The New…
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15 November
Footfall sees modest rise amid consumer nervousness over costs
Footfall rose by just +1.3% across UK retail destinations last week from the week before, after a decline of -7.5%…
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14 November
Peel L and P retail parks appoints new director
Peel L and P retail parks has appointed Bruce Edmondson as associate director for retail development. Edmondson will be responsible…
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14 November
Retailers call on chancellor to freeze business rates
Retail bosses from some of the UK’s leading retailers – including Tesco, Sainsbury’s, Greggs and Iceland – have called on…
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14 November
Joules to fall into administration, 1,600 jobs at risk
Joules is set to appoint administrators after talks with potential investors collapsed, with up to 1,600 jobs now at risk.…
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14 November
Asda like-for-like sales rise 4.7% in Q3
Asda has revealed that its like-for-like sales increased by 4.7% in the third quarter, making it the supermarket’s “strongest” quarterly…
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