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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Jul- 2022 -21 July
Aldi to create thousands of jobs in logistics
Aldi has announced its plans to create around 1,000 logistics roles across the UK over the next 12 months. The…
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21 July
Frasers Group swings to profit but warns of economic headwinds
Frasers Group has reported a “record-breaking” year with pre-tax profits surging to £344.8m in FY22, up from a loss of…
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21 July
Gym & Coffee raises €17m from Castlegate to fund UK expansion
Athleisure brand Gym and Coffee has revealed it has secured €17m (£14.5m) in new funding led by Castlegate Investments, with…
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21 July
JD Sports and Aurelius Group enter talks on Footasylum sale
JD Sports has reportedly entered discussions to sell Footasylum to Aurelius Group, a private equity firm, following a “costly” clash…
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21 July
Ocado losses widen to £211m
Ocado has revealed an interim loss before tax of -£211m, for the 26 weeks ending on 29 May, which it…
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21 July
Primark owner appoints new finance director
Associated British Foods plc has announced the appointment of Eoin Tonge as the company’s next finance director. Tonge will succeed…
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21 July
Dunelm FY trading beats expectations
Dunelm has reported its full-year sales and profits have beaten expectations, reporting total sales of £1.55bn in the year to…
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20 July
Superdrug signs 200+ brands to new health & beauty marketplace
Superdrug has signed over 200 brands to the upcoming launch of Superdrug’s Marketplace, its new platform which will see brands…
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20 July
Collect+ and Wish to partner on click and collect parcels
Collect+, part of PayPoint Group and the e-commerce marketplace, Wish, have announced a partnership that will allow consumers to click…
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20 July
Brazel’s win to place financial burden on thousands of employers
The Supreme Court has today (20 July) ruled that employees who only work for part of the year are entitled…
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