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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Sep- 2022 -13 September
Ocado lowers outlook as customers cut back
Ocado Retail Ltd has lowered its outlook for FY22 as revenue growth in Q4 is not expected to generate full-year…
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13 September
Hotel Chocolat closes US online store
Hotel Chocolat has announced it has closed its online shop in the United States, ceasing direct-to-consumer sales in the country.…
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12 September
Economic recovery slows in July
The UK economy’s growth slowed in July to 0.2% according to the latest figures from the Office for National Statistics…
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12 September
BoE delays interest rates decision
The Bank of England (BoE) has delayed its interest rates decision for one week, following the death of Queen Elizabeth…
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12 September
Mike Ashley to launch legal action over Debenhams collapse
Frasers Group’s Mike Ashley has reportedly escalated a legal battle with FRP Advisory over the collapse of Debenhams. According to…
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12 September
DFS announces new chair
DFS Furniture has announced that Steve Johnson will succeed Ian Durant as chair at the conclusion of the annual general…
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12 September
Boots appoints ex-Asda COO as retail director
Boots has appointed Asda’s former chief operating officer Anthony Hemmerdinger as its executive retail director, according to Retail Week. Hemmerdinger…
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12 September
Wilko restructures rent payments ahead of Christmas
The discount retailer, Wilko, is reportedly making changes to its rent payment schedule, according to The Sunday Times, as the…
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9 September
The Entertainer to partner with Tesco
Toy retailer, The Entertainer, has announced a partnership with Tesco to open branded concessions in around 35 Tesco stores across…
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9 September
AO.com appoints former Pets at Home CEO as NED
AO World has announced it has appointed Peter Pritchard as an independent non-executive director of the company and a member…
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