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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Jul- 2022 -25 July
Asos delays autumn orders amid fears shoppers may cut back
Asos has delayed some autumn orders due to concerns that customers will cut back on buying new clothes in the…
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25 July
Naked Wines CFO departs amid sales warning
Naked Wines has announced that Shawn Tabak, chief financial officer and director, has left the company by mutual decision, effective…
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25 July
Aldi to give workers second pay increase this year
Aldi has announced that around 26,000 store employees are to receive a second pay increase this year. This move is…
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25 July
Leicester factory workers not reporting underpayment, LPC finds
Workers in Leicester textile factories are reportedly “vulnerable to exploitation” and unlikely to report abuses and underpayment, according to a…
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22 July
M&S acquires logistics provider Gist for £145m
Marks and Spencer Group plc has announced the acquisition of Gist Limited, the principal contract logistics provider to M&S Food,…
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22 July
63% of SME owners looking for business partners, study shows
A new study from global technology platform, Intuit QuickBooks, has found that almost two thirds (63%) of SME owners are…
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22 July
Consumer confidence remains at historic low in July
UK consumer confidence remained at a historic low of -41 in July, according to GfK’s long-running Consumer Confidence Index. GfK…
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22 July
Retail sales fall in June despite Platinum Jubilee celebrations
Retail sales dropped by 0.1% in June 2022 following a fall of 0.8% in May 2022 despite the Queen’s Platinum…
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22 July
Amazon to ‘reinvent’ healthcare with One Medical acquisition
Amazon is set to acquire One Medical for $3.9bn (£3.3bn) following a new merger agreement, in a move that will…
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22 July
Transitional relief could cost retailers over £1bn, BRC warns
Retailers have warned that the failure to fix the “flawed” Transitional Relief system could cost the industry over £1bn between…
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