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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May- 2022 -20 May
Consumer confidence drops to lowest level since 1974
UK consumer confidence has fallen to its lowest level since records began in 1974, according to the latest figures from…
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19 May
The Great Resignation: Why the battle for talent sees retail staff come out on top
A new report by stakeholder intelligence firm alva has revealed the biggest winners and losers from the last three years…
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19 May
Sainsbury’s and Deliveroo announce further UK expansion
Sainsbury’s and Deliveroo have expanded their partnership to cover additional locations across the UK, meaning Sainsbury’s products will reportedly be…
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19 May
Under Armour CEO to step down
Under Armour has announced that Patrik Frisk is to step down as president and CEO and as a member of…
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19 May
French Connection launches own rental service
Global retailer French Connection has become the first major fashion brand to launch an on-demand rental service for latest-season stock…
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19 May
M&S warns chancellor of potential ‘damage’ of online sales tax
Marks and Spencer has penned a letter to the chancellor warning of the potential damage an online sales tax would…
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19 May
Currys appoints Asos’ Ian Dyson as new chair
Currys plc has appointed Ian Dyson as chair of the board, effective 8 September 2022, succeeding Ian Livingston who will…
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18 May
Watches of Switzerland hails record revenues of £1.23bn
The Watches of Switzerland Group has reported its group revenues surged 40% year-on-year from £905m to £1.23bn in the 53…
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18 May
N Brown profits surge 46% to £43m
N Brown, the owner of high street brands Jacamo and Simply Be has revealed its profit before tax increased 46.6%…
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18 May
Midcounties Co-operative announces £1m investment in retail crime prevention
Your Co-op Food, part of The Midcounties Co-operative, has announced a £1m investment as part of its ongoing commitment to…
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