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 -18 July
Fever-Tree profits ‘worsened’ by cost of headwinds
Fever-Tree has revealed that it anticipates gross margins of around 37% and an EBITDA margin of around 14% for the…
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18 July
Profit warnings surge 66% in H1 FY22
The number of profit warnings issued by UK-listed companies in the first six months of 2022 has increased 66% year-on-year,…
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18 July
Deliveroo lowers FY22 guidance amid consumer headwinds
Deliveroo has lowered its gross transaction value (GTV) guidance for FY22 from 15–25% to 4–12% due to a “more cautious”…
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18 July
Co-op and Starship Technologies expand robot delivery service
Co-op and Starship Technologies have partnered with North Northamptonshire Council to roll-out autonomous grocery delivery to local residents across Wellingborough,…
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18 July
Next workers underpaid following payroll errors
Next workers have been underpaid for “months” after a series of payroll errors from the retailer, according to The Sunday…
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18 July
M&S removes best before dates in bid to tackle food waste
M&S has announced it will be removing best before dates from a range of fresh produce to help reduce in-store…
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15 July
John Lewis Partnership named ‘Menopause Friendly Employer’
The Menopause Friendly’s independent panel of experts has awarded the John Lewis Partnership its Menopause Friendly Employer accreditation for “creating…
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15 July
Uniqlo owner raises outlook amid profit and sales surge
Uniqlo owner Fast Retailing has raised its full-year outlook after posting record profits for the third quarter of the year.…
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15 July
Amazon to create 4,000 UK jobs
Amazon has pledged to create more than 4,000 new permanent jobs in the UK this year, bringing its total UK…
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15 July
Burberry revenues hit by China lockdowns
Burberry has revealed its Q1 global comparable store sales increased just 1%, from £479m to £505m, after being impacted by…
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