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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Mar- 2022 -10 March
Steve Rowe to step down as M&S CEO
Marks and Spencer (M&S) has revealed that Steve Rowe will stand down as chief executive officer (CEO) as part of…
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10 March
Faith in Nature secures £2.5m loan to expand manufacturing premises
Faith in Nature, the natural beauty products brand from Radcliffe, Manchester has announced it has secured a £2.5m loan in…
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10 March
Pandora expands US footprint with the acquisition of 37 stores
Pandora has announced its continued US growth strategy with 37 locations acquired from Ben Bridge Jeweller. Ben Bridge Jeweller was…
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10 March
February shows signs of return to normal online spending patterns
Despite February’s year-on-year (YoY) online retail growth dropping even lower than the previous month’s record, there were signs of a…
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10 March
John Lewis reinstates £46m staff bonus amid record sales
The John Lewis Partnership has said its staff will be able to share from a £46m bonus pot after reporting…
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10 March
Boohoo eyes FY22 profits of £125m as sales surge 14%
Boohoo group plc has revealed it expects adjusted EBITDA for the 12 months ending 28 February 2022 (FY22) to reach…
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9 March
Lululemon unveils first-ever footwear collection
Lululemon athletica inc. has announced its debut into the footwear industry with its first shoe collection set to debut in…
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9 March
A reshaping of town centres
“The last two years have been tumultuous for retailers but the closures we’ve seen are an acceleration of what was…
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9 March
Next to open new department style store at Old Trafford Centre
UK fashion and home retailer Next has signed a new 10-year lease with Trafford Centre to create a large, new…
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9 March
The Direct Selling Association appoints four new board members
The Direct Selling Association, the UK trade body for direct-to-consumer retail, has appointed four retail industry leaders to its board…
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