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 -4 October
John Lewis doubles down on rental as part of new sustainability pledges
The John Lewis Partnership has doubled down on its pledge to “protect and restore nature” with a set of new…
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4 October
Greggs sales rise 15% in Q3
Greggs has seen its total sales rise by 14.6% for the 13 weeks to 1 October 2022, with company-managed shop…
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3 October
Currys confirms third hourly pay increase in 13 months
Currys has announced an additional rise for hourly paid colleagues in the UK by a further 3.5% to £10.35 per…
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3 October
John Lewis launches womenswear rental platform
John Lewis has partnered with rental platform HURR to launch its first ever womenswear rental platform to help “encourage a…
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3 October
Morrisons faces £100m hit to borrowing costs amid debt pile up
Morrisons is facing a near-£100m hit to its borrowing costs amid market turmoil adding pressure on the supermarket chain. According…
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3 October
Frasers urges MySale shareholders to accept offer
Frasers has published a letter in which it urged MySale shareholders who have not yet accepted the mandatory offer to…
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Sep- 2022 -30 September
Made.com H1 losses widen amid lower demand
Made.com has revealed its loss before tax has dropped by 25.2% to £35.3m for the six months to 30 June…
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30 September
JD Sports and Nike announce connected partnership
JD Sports has announced that it has been selected as Nike’s first European retail partner for its connected partnership, designed…
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30 September
Joules says turnaround plan is ‘going well’ amid CVA rumours
Lifestyle retailer Joules has confirmed that it has appointed Interpath Advisory to help the company with its turnaround plan. The…
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29 September
Co-op pre-tax profits fall to £7m
The Co-op has revealed its group pre-tax profits fell 84% to £7m in the first half of the year as…
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