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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Jun- 2022 -24 June
Vodafone launches support hubs as SMEs struggle to ‘stay afloat’
Vodafone has launched two new resources to support SMEs after a new report commissioned by the group highlighted how SMEs…
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24 June
Tui chief executive to step down
The chief executive of Tui, Fritz Joussen, has announced he is stepping down after almost 10 years. He will leave…
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24 June
Spar launches new partnership with Deliveroo
Spar UK has announced its new partnership deal with Deliveroo, covering all 2,160 Spar stores in England, Scotland and Wales. …
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24 June
Zalando lowers guidance amid falling consumer confidence
Zalando has warned on its profits for the financial year FY22, with revenues now expected to grow 0%-3% to €10.4bn…
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24 June
Original Factory Shop mulls sale amid bid offers
The Original Factory Shop (TOFS) is reportedly mulling a sale after the discount retailer was approached with a “number” of…
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24 June
Retail sales fall as consumers cut household spending
Retail sales volumes fell by 0.5% in May 2022 according to the latest figures from the Office for National Statistics…
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24 June
UK consumer confidence sinks to new record low in June
UK consumer confidence has fallen to the lowest level since records began during the month of June, according to the…
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23 June
Nike to quit Russia after Ukraine invasion
Sportswear brand Nike has revealed it will fully pull out of Russia three months after suspending its business in the…
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23 June
Flannels opens doors to first Liverpool flagship
Flannels has opened the doors to its first store in Liverpool today (23 June), bringing its fashion beauty and wellness…
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23 June
Sainsbury’s partners with Newlife to recycle old stock
Sainsbury’s has announced the roll out of its partnership with Newlife, a UK-based charity for disabled children, to all supermarkets…
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