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 -9 June
THG non-exec director to step down with immediate effect
THG PLC has announced that its independent non-executive director, Dominic Murphy, will step down from the board with immediate effect,…
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9 June
AO to close German business amid ‘deteriorating’ outlook
AO World plc (AO), the online electricals retailer, has decided to close its German business due to the “continuing deterioration”…
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9 June
Retail sales dip in May as consumers cut spending
Sales across retail decreased by 1.1% in May, against an increase of 28.4% in May 2021, as consumers continued to…
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9 June
John Lewis announces proposed locations for rental homes
The John Lewis Partnership has announced its first three locations where it proposes to build new rental homes. The three…
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9 June
Co-op to launch new food waste reduction platform
The Co-op is set to launch a new platform which aims to help retailers reduce food waste and is currently…
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8 June
Hotter Shoes announces new digital hub openings with Notcutts
Hotter Shoes has announced the opening of two digital hubs this month with Notcutts Garden Centres. This announcement comes after…
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8 June
Amazon seizes 3 million fake products amid counterfeit crackdown
Amazon has revealed it has identified, seized, and disposed of more than three million counterfeit products in 2021, and has…
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8 June
Boots to freeze prices on 1,500 own label products
Boots has announced a commitment to freeze the price of 1,500 own label products to help ensure they remain affordable…
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8 June
Tesco accused of greenwashing in banned adverts for vegan burger
Tesco’s ‘Plant Chef’ vegan burger adverts have been banned by the Advertising Standards Authority (ASA) after determining that it could…
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8 June
M&S boss to depart with £2.6m pay packet
Marks and Spencer’s outgoing boss Steve Rowe more than doubled his pay last year from £1.07m to £2.63m after receiving…
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