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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Oct- 2022 -11 October
Retail sales rise 2.2% in September
The British Retail Consortium (BRC) Sales Monitor reports that, on a total basis, sales increased by 2.2% in September, against…
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11 October
CMA set to greenlight Morrisons’ McColl’s takeover
The Competition and Markets Authority (CMA) is set to greenlight Morissons’ proposal to acquire McColl’s after accepting proposals for the…
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10 October
Studio Retail audits to be investigated by watchdog
The Financial Reporting Council (FRC) has revealed it has commenced an investigation in relation to the audit conducted by Mazars…
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10 October
Sephora to make UK return
Cosmetic retailer Sephora is set to return to the United Kingdom. The retailer is first launching online on 17 October,…
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10 October
Levi Strauss & Co reports stagnant profits amid unfavourable conditions
Levi Strauss and Co has announced its gross profits for the three months ended 28 August 2022 were up by…
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10 October
Joules says CVA is a ‘potential option’ amid turnaround plan
Joules has announced that a Company Voluntary Arrangement (CVA) is one of other “potential options” as the retailer develops its…
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10 October
Quiz revenues rocket 37% as demand soars
Quiz revenues have soared by 37.2% in the last six months, hitting £49.4m in results that were ahead of its…
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7 October
Farfetch to accept cryptocurrency payment option
Farfetch, the global platform for the luxury fashion industry, has announced that it will offer cryptocurrency as a payment method…
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7 October
AO scraps COO role after resignation
AO has announced it has scrapped its COO role following the departure of Danny Emmett from the position, according to…
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7 October
Pets at Home appoints chief people officer
Pets at Home has announced the appointment of Rachel Mooney as its new chief people officer. Prior to joining the…
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