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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Feb- 2022 -18 February
Retail sales up 1.9% in January 2022
Retail sales volumes rose by 1.9% in January 2022 following a fall of 4.0% in December 2021, according to the…
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17 February
Kingfisher announces leadership shakeup
Kingfisher plc has announced a number of senior management changes to strengthen its group executive team and support the delivery…
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17 February
Reckitt’s net revenue increases 3.5% to £13.2bn
Reckitt has announced its full-year net revenues have come in “ahead of expectations” up +3.5% to £13.2bn and +17.4% on…
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17 February
Amazon reaches Visa agreement
Amazon has announced it has reached an agreement with Visa that will see it continue to accept credit card payments…
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17 February
Shopify sees soaring revenues but warns of slowed growth in FY22
Shopify has announced that Q4 revenue in 2021 soared by 41% to $1.4bn (£1bn) against 2020, but has warned that…
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17 February
Mango brings forward sustainability targets
Mango has announced that it is bringing forward its sustainability targets after revealing that 80% of all the garments it…
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17 February
Hotter FY22 revenues rise to £51.9m
The Unbound Group has reported a 16% increase in revenues for its subsidiary, Hotter Shoes (Hotter), in the financial year…
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16 February
M&S raises hourly pay for all store colleagues
M&S has announced it has increased its hourly pay to £10 for all store colleagues across the UK as part…
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16 February
AO invests in South Lanarkshire with new Larkhall Depot
Online electronics retailer AO has announced that it has invested in both logistics warehousing and job creation in the South…
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16 February
ASA bans ‘sexualised’ Boohoo ad
The Advertising Standards Watchdog (ASA) has banned an advert from fashion retailer Boohoo after deeming the ad “objectified and sexualised…
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