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.
-
Feb- 2022 -25 February
John Lewis axes Never Knowingly Undersold pledge
John Lewis has announced it is scrapping its Never Knowingly Undersold pledge after nearly a century as the company said…
Read More » -
25 February
Farfetch revenues hit $2.3bn
Farfetch Limited, the global platform for the luxury fashion industry, has reported its revenues increased 35% year-on-year to $2.3bn (£1.71bn)…
Read More » -
25 February
Tesco to trial Apeel to combat food waste
A plant-based protection that “keeps fruit fresh for up to twice as long” is being trialled by Tesco. The product,…
Read More » -
25 February
Frasers Group acquires Studio Retail
Frasers Group has announced that it has acquired digital retailer, Studio Retail Limited and certain other assets of Studio Retail…
Read More » -
24 February
Lush to continue paying Covid-positive staff to self isolate
Lush has announced it will continue to financially support its retail employees in UK and Ireland customer-facing roles in a…
Read More » -
24 February
CD&R rules out offer as Boots deadline hits
Walgreens Boots Alliance has reportedly set today (24 February) as the deadline to receive offers for the UK health and…
Read More » -
24 February
Gousto finalises new share placing
Gousto has announced that following a successful primary fundraise in January, it has completed a $230m (£171m) secondary placement, led…
Read More » -
24 February
Asda reveals 6.1% gender pay gap between colleagues
Asda has published its Gender Pay report for 2021, which shows that its mean and median figures continue to be…
Read More » -
24 February
Studio Retail appoints Teneo as administrators
Studio Retail, the online retailer, formally appointed Teneo as administrations last night to handle its collapse, according to The Times.…
Read More » -
23 February
Morrisons moves to carbon milk packaging to reduce plastic
Morrisons has announced it has become the first UK supermarket to sell its own brand fresh milk in carbon neutral…
Read More »
