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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May- 2022 -11 May
Superdrug expands same day delivery service to Scotland
Superdrug has expanded its same-day, ‘Store to Door’, courier service to customers in Scotland, now available to those within approximately…
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10 May
Adidas Q1 profits drop almost 40%
Adidas has reported its operating profits dropped 38% year-on-year from €704m (£602.71m) to €437m (£374.13m) in the first quarter ending…
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10 May
Amazon Fresh to expand beyond London with Sevenoaks site
Amazon Fresh is set to open a new site in Sevenoaks, Kent, becoming one of the first Amazon Fresh stores…
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10 May
Schuh opens distribution centre in Ireland
Schuh has announced the opening of a 49,000 square foot distribution centre in Ireland. The new facility at northwest business…
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10 May
Fruugo revenues surge 57% to £30.7m
Online global marketplace Fruugo has seen its FY21 revenues surge 57% to £30.7m, over 220% on a two-year basis, which…
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10 May
Cost of living crisis begins to hamper consumer spending
Spending on essential items dropped to 18.1% in April, compared to 17.4% in March, as inflation and rising living costs…
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10 May
Morrisons secures McColl’s deal saving 16,000 jobs and pensions
Alliance Property Holdings Limited, part of the Morrisons Group, has secured a rescue deal for embattled retailer McColl’s that will…
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10 May
Tesco opens up supply chains to sustainable start-ups
Tesco and WWF have launched a new accelerator programme which aims to pair start-ups with Tesco suppliers to fast-track sustainability…
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10 May
Ikea stores to receive €3bn investment by end of next year
Ingka Group is set to accelerate its expansion by investing more than €3bn (£2.57bn) in new and existing Ikea stores…
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9 May
Fastest growing funsport from the US comes to UK
Think volleyball and then think again: with four squares. CROSSNET was created by three young American entrepreneurs and is literally…
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