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 -28 June
Hobbycraft revenues up 15% as online sales soar
Hobbycraft has welcomed a “robust” set of results in its latest financial year, as revenue rose by 14.8% to £203.1m,…
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28 June
Aldi eyes new store locations amid expansion drive
Aldi has reportedly revealed a “wish list” of priority locations across the country where it is looking to build new…
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27 June
Wayfair launches in Ireland
Home furnishing e-tailer Wayfair has announced that it has launched in Ireland, offering its wide range of products from reportedly…
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27 June
Loaf appoints CCO
Loaf, homeware and furniture retailer, has appointed Theodore Sheppard as its new chief commercial officer. Sheppard will be responsible for…
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27 June
John Lewis appoints first director of designs
John Lewis has announced the appointment of its first director of design for fashion, Queralt Ferrer. The announcement comes as…
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27 June
Braehead unveils host of new brands
Braehead, the retail and leisure destination, has announced a string of new openings at the shopping centre which are set…
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27 June
JD Sports opens Gateshead flagship store
JD Sports has opened its latest flagship store at Gateshead’s Metrocentre on 25 June. The store is 18,000 square feet…
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27 June
Cost of living crisis could lead to ‘mild recession’, report warns
There is a rising risk of the UK economy falling into a “mild recession” due to the cost of living…
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27 June
Asda joins retailers in rejecting online sales tax
Asda has reportedly told the government that introducing an online sales tax (OST) will harm retailers and shoppers that are…
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27 June
Cake Box sees profits surge to £15.8m
Cake Box has revealed its gross profits increased by 45% in the year up to 31 March 2022 to £15.8m.…
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