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 -14 February
John Lewis profits surge could see return of staff bonus
The John Lewis Partnership could possibly see the return of its fabled staff bonus this year after it was revealed…
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14 February
CMA fines JD Sports £4.3m for breaching rules
The Competition and Markets Authority (CMA) has issued JD Sports a penalty of £4.3m for failure to comply in certain…
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14 February
Employers set to award record pay rises in 2022
Employers have reported that the median basic pay increase in their organisation (excluding bonuses) in the 12 months to December…
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14 February
Pricer names acting CEO
Pricer, the retail technology company which specialises in electronic shelf labels, has appointed Magnus Larsson as its acting CEO. Magnus…
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14 February
Boots bidders given end of month deadline
Prospective bidders for Boots reportedly have until the end of the month to submit their first-round bids in a £7bn…
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11 February
Waitrose boosts partnership with Deliveroo
Waitrose has announced it is expanding its partnership with Deliveroo and will be trialling Deliveroo Hop, the delivery service that…
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11 February
UK GDP rises 7.5% in 2021, largest increase since WW2
The UK economy increased by a “better-than-expected” 7.5% in 2021 to record the “fastest” incline since the Second World War,…
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11 February
Urban Outfitters Q4 sales rise 13.9%
The Urban Outfitters Group, which operates brands such as Anthropologie, BHLDN, Free People, FP Movement and Urban Outfitters, has reported…
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11 February
Poundland to open biggest ever UK site
Poundland is set to open its biggest ever UK store in Nottingham this week, which will offer its widest range…
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11 February
Adidas extends board appointments amid growth strategy
Adidas has announced its supervisory board has extended the appointments of executive board members Roland Auschel and Brian Grevy. Auschel…
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