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 -1 June
Dr Martens profits surge to £214m amid record sales
Dr Martens has hailed a set of “record results” for the full-year period ending 30 March 2022 with its adjusted…
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1 June
Frasers Group buys Missguided out of administration for £20m
Frasers Group plc has bought online women’s fashion retailer, Missguided, out of administration for a cash consideration of £20m. The…
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May- 2022 -31 May
Supermarkets warn of price surge if imperial measurements return
The British Retail Consortium, which represents supermarkets including Sainsbury’s, Asda and Morrisons, has warned the prime minister that returning to…
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31 May
Violence and abuse against retail workers tripled over pandemic
Retail workers were subjected to a “huge” rise in violence and abuse over the pandemic, with incidents almost tripling to…
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31 May
Nelson Peltz joins Unilever as non-executive director
Nelson Peltz, American billionaire and activist investor, will join London-listed Unilever from July 20 and serve on the board’s compensation committee…
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31 May
UK footfall forecast to rise by 8% over Jubilee weekend
Following a modest rise in footfall last week, retail experts expect the Platinum Jubilee and school half term holiday to…
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31 May
B&M appoints CEO successor as FY revenues dip
B&M has revealed that sales dipped in its latest full-year results, alongside the announcement of a new CEO, as revenue…
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31 May
Missguided collapses into administration, 140 jobs at risk
Online fashion retailer, Missguided, has fallen into administration after failing to secure a rescue bid for the company. According to…
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30 May
Asos and Curry’s among retailers to warn Sunak against OST
A group of 11 retailers, including Asos, Currys, and Gymshark, have reportedly urged the government to abandon plans for an…
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30 May
Issa brothers on verge of dropping out of Boots bid
Asda owners, the Issa brothers, are reportedly on the verge of walking away from their bid for a Boots takeover…
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