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 -16 May
Woolwich Shoe Zone to reopen after refit
Shoe Zone is set to reopen its Woolwich store on 27 May after it closed for a month to undergo…
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16 May
Post-Covid UK Footfall recovery worsens
Footfall in UK retail destinations declined by -0.7% last week from the week before, a consequence of drops in footfall…
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16 May
SEO and PPC: improving performance and balance
As retail brands spend more time, focus and resource online, it’s becoming increasingly important to avoid cannibalisation and find the…
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16 May
Made.com appoints new CFO as it issues profit warning
Made.com has issued a profit warning as gross sales and revenues are expected to drop -15% and -7% respectively, differing…
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16 May
Next faces investor backlash over CEO bonus
Next plc is facing a potential backlash from the Institutional Voting Information Service (IVIS) as the retailer’s chief executive, Simon…
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16 May
Screwfix to open 80 new stores
Kingfisher-owned Screwix is set to open 80 new stores by the start of next year, creating around 800 new retail…
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16 May
Brightpearl launches ‘Growth Hacking’ podcast for online retailers
Bristol, UK, and Austin, Texas-based tech firm, Brightpearl, is launching its first podcast, the ‘Lightning 50 E-Commerce Growth Hacking’ show.…
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16 May
Tapestry sees Q3 net sales hit £1.17bn
Tapestry, the owner of luxury accessories and lifestyle brands including Coach, Kate Spade, and Stuart Weitzman, has seen its net…
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16 May
Walgreens snaps up £4bn dividend from UK arm
Walgreens Boots Alliance has reportedly extracted more than $5.3bn (£4.3bn) of dividends from its UK holding companies. According to The…
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13 May
Pandora invests $100m into new crafting facility
Pandora has signed a memorandum of understanding to build a new jewellery crafting facility in Vietnam which will see the…
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