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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Aug- 2022 -12 August
John Lewis to retire ‘never knowingly undersold’ pledge
John Lewis has announced that it is set to reveal a new company slogan on 22 August, retiring its 97-year-old…
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12 August
Topshop founder Sir Ralph Halpbern dies aged 83
Sir Ralph Halpern, the founder of Topshop who was described as a driving force behind British retail in the 1970s…
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11 August
Halfords cuts prices to help ease the rising cost of motoring
Halfords has announced it has launched new initiatives, including cutting its prices across all of its motoring products, in a…
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11 August
Rishi Sunak commits to reducing business rates if elected PM
Rishi Sunak has vowed to slash business rates this autumn during the Conservative leadership debate at the Darlington Hippodrome theatre.…
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11 August
Mattress Online to open first fully branded site in Sheffield
Mattress Online is set to open its first fully branded store as part of its plans to expand into bricks…
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11 August
Marks Electrical Group revenues up 13.7% to £27m
Marks Electrical Group has reported a strong trading period in the first four months of FY23, with revenue growth of…
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11 August
Retail leaders call on police to prioritise retail crime
Some 106 of the UK’s leading retail voices have reportedly written to Police and Crime Commissioners in England and Wales,…
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10 August
Heatwave helps boost retail sales 2.3% in July
Retail sales increased 2.3% in July as the heatwave experienced across the UK helped boost demand for “hot weather essentials”,…
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10 August
Royal Mail faces FY loss as strikes get green light
Royal Mail has warned it could face a full-year loss as over 115,000 postal workers are set to partake in…
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10 August
Waterstones suffers stock shortages amid tech issues
Bookshop chain Waterstones is currently dealing with a backlog of unfulfilled orders after the brand’s warehouse technical systems were said…
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