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 -9 September
Selfridges to shut today as retailers pay tribute to Queen
Selfridges has announced that its stores in London, Manchester and Birmingham will remain closed today (9 September) as a mark…
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9 September
UK workers face £2,000 hit to real wages
UK workers are facing a £2,000 hit to their real wages by the end of 2022 as the UK economy…
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9 September
Asos hit by weak August sales as inflation weighs on shoppers
Asos has cautioned over profits after sales fell below expectations in August as it warned consumers may be reducing their…
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9 September
CMA deems Morrisons’ takeover of McColl’s ‘would not harm shoppers’
The Competition and Markets Authority (CMA) has found competition concerns in only a small number of local areas after launching…
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8 September
Energy bills to be capped at £2,500 a year from October
Prime minister Liz Truss has announced today that energy bills for typical households will be capped at £2,500 annually for…
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8 September
Gymshark to open Regent Street flagship
Gymshark has announced that it will open the doors of its flagship store at 165 Regent Street on 1 October…
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8 September
Primark owner warns on lower profits
Primark’s owner, Associated British Foods (ABF), has warned of lower profits for the next fiscal year due to cost inflation,…
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8 September
Ted Baker appoints head of menswear sales
Ted Baker has appointed James Waller as its new head of sales for menswear. In his new role, Waller will…
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8 September
JD Sports to open new store in Birmingham’s Bullring centre
JD Sports is set to double its presence in Bullring and Grand Central, Birmingham, as it looks to drive customer…
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8 September
Reebok appoints new CEO
Sparc Group, a full-service lifestyle brand operating company, has announced the appointment of Todd Krinsky as the new CEO of…
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