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 -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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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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