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 -8 July
JD Sports appoints former Morrisons boss as chair
JD Sports has announced the appointment of Andy Higginson as the brand’s new chair, effective on 11 July 2022. This…
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8 July
Asda launches £1 meal charge for children
Asda has unveiled what it calls its “strongest ever initiative” to help feed children amid the cost of living crisis,…
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8 July
Cost of living crisis weighs on retail sales growth
High levels of inflation and the deepening cost of living crisis have prompted further slowing of retail sales growth, according…
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7 July
Morrisons opens its first eco store
Morrisons has launched its first low environmental impact store in Little Clacton, Essex, which uses 43% less carbon, stocks 366…
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7 July
Gap to launch in India amid Reliance Retail franchise deal
Gap Inc. has entered into a long-term franchise agreement with Reliance Retail Limited, India’s largest retailer, to bring Gap to…
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7 July
Ankorstore partners with Mary Portas
European curated marketplace, Ankorstore, has announced its brand partnership with retail expert and broadcaster, Mary Portas, in an effort to…
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7 July
US Hedge fund giant builds 5% stake in Boohoo
Online fashion retailer Boohoo has seen its share price rise 3.7% as it disclosed that Citadel, one of the world’s…
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7 July
Currys warns of ‘uncertain’ outlook despite profit rise
Currys has warned that its outlook for consumer spending is “uncertain”, despite reporting that pre-tax profits jumped 19% year-on-year from…
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7 July
UK retail and hospitality to see £1.2bn boost during women’s Euros
The UK retail and hospitality sector are predicted to receive a £1.2bn boost during the Women’s UEFA 2022 European Championships…
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7 July
Watches of Switzerland hits ‘record’ sales of £1.24bn
Watches of Switzerland has delivered “record” sales in FY22, with revenues up 40% to £1.24bn in the year ending 1…
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