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 -14 September
Next pulls out of Joules takeover deal
Fashion retailer Next has reportedly pulled out of its takeover deal with Joules after talks between the two ended, according…
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14 September
Sainsbury’s staff to see pay increase amid £25m support package
Sainsbury’s has unveiled a £25m cost-of-living support package for hourly paid employees to help support them with rising household costs,…
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14 September
Dunelm reveals FY profits surged 34.9% to £212m
Dunelm has revealed its profit before tax for the 53 weeks to 2 July 2022 has risen 34.9% to £212.8m…
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14 September
JD Sports confirms committee board changes
JD Sports Fashion has announced a number of significant senior appointments and the reshuffling of its committees. The group has…
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13 September
Unemployment falls to lowest level since 1974
Unemployment has fallen to its lowest level since 1974, currently sitting at 3.6% for the three months to July, according…
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13 September
John Lewis, Primark, Aldi to shut stores all day for Queen’s funeral
A number of retailers have confirmed they will shut all of their stores on the day of Queen’s funeral on…
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13 September
Land’s End appoints new CEO
Classic American lifestyle brand, Land’s End, has announced the appointment of Andrew McLean as the group’s new CEO. The news…
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13 September
Aldi becomes Britain’s fourth largest supermarket as inflation hits
For the first time ever, Aldi has become Britain’s fourth largest supermarket, as discount grocers continue to benefit from customers…
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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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