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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Feb- 2023 -16 February
Secret Sales welcomes 70% growth in FY22
Secret Sales has welcomed “exceptional growth” in 2022, reporting 70% like-for-like growth that “far exceeds the industry norm”. According to…
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16 February
Aldi to create 6,000 new jobs this year
Aldi has announced that it is set to create 6,000 new jobs in 2023 amid plans to open new stores…
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15 February
Inflation falls to 10.1% in January
Inflation slowed for the third consecutive month in January to 10.1%, down from 10.5% in December, but remains close to…
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15 February
Dunelm profits fall 17% despite sales increase
Home retailer Dunelm has announced a 17% fall in its pre tax profits to £117m, down from £141m, for the…
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15 February
Waitrose commits to ‘record’ price cuts of £100m
Waitrose has committed to a record £100m in price cuts across hundreds of everyday products to help customers during the…
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15 February
Lush appoints new UK&I head of retail
Lush has announced the appointment of Kasey Swithenbank as the brand’s new head of retail for the UK and Ireland. …
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14 February
Former Topps Tiles CEO acquires Tile Giant out of administration
Specialist retailer Tile Giant has been sold out of administration to two separate companies; Stiled Holdings and CTD Tiles. Interpath…
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14 February
Footfall surges 9% amid city centre recovery
Footfall across all UK retail destinations surged +9.1% annually, with a week-on-week footfall boost of +1.6% as office workers returned…
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14 February
Online sales growth slows to pre-pandemic levels
Online sales have slowed down to pre-pandemic levels, according to new analysis from the IMRG’s online retail index. The analysis…
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14 February
Amazon workers in Coventry to hold further strike action
Workers at Amazon have announced that a further seven days of strike action are set to take place at the…
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