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 -15 June
Asda unveils leadership reshuffle
Asda has unveiled confirmed changes to its leadership team as Meg Farren, chief customer officer, is set to leave the…
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15 June
Missguided founder to return as CEO under Frasers Group
Missguided founder Nitin Passi has returned to the business as CEO just two weeks after the company was acquired out…
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15 June
WH Smith sales rocket as travel rebounds
WH Smith has seen sales soar ahead of pre-pandemic levels in recent weeks as travel continues to rebound. Group revenues…
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15 June
H&M Group reports 12% surge in 2022 Q2
The H&M Group has reported that its net sales in local currencies increased by 12% in the second quarter 2022,…
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14 June
Gorillas announces launch of own-brand items
Gorillas has announced the launch of four proprietary private label brands, which include Gorillas Daily, Gorillas Premium, Hot Damn! and…
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14 June
Lidl to take Tesco to court over logo battle
Supermarket rivals Lidl and Tesco are set to face off in court after the German budget retailer claimed the ‘Big…
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14 June
Walmart to recruit UK sellers to US online marketplace
Walmart has begun a push to bring UK exporters to its flagship US Walmart Marketplace in a move to embrace…
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14 June
Zalando acquires majority stake in Highsnobiety
Zalando has announced the acquisition of a majority stake in Highsnobiety, the “influential” global fashion and lifestyle media brand. Highsnobiety…
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14 June
UK unemployment rate hits almost 50-year low
The UK unemployment rate is close to a 50-year low point, having dropped by 0.2% to 3.8% for February to…
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14 June
WFH shift may ‘permanently scar’ high streets, experts warn
The shift to working from home amid the pandemic has allegedly caused “permanent scarring” to the UK’s high streets as…
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