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 -10 February
CMA designates Amazon as a grocery retailer to ‘protect suppliers’
The Competition and Markets Authority (CMA) has designated Amazon under the Groceries Market Investigation Order, meaning the company and its…
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10 February
PVH Corp appoints Zac Coughlin as CFO
PVH Corp, the owner of the Tommy Hilfiger and Calvin Klein brands, has announced the appointment of Zac Coughlin as…
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10 February
Retailers cancel £7.1bn in contracts over ethical concerns
UK retailers cancelled £7.1bn in contracts over the last 12 months over concerns about suppliers meeting “stringent” ethical and sustainable…
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10 February
Watches of Switzerland sales soar amid ‘thriving’ market demand
The Watches of Switzerland Group PLC has reported its revenues surged 27.9% year-on-year to £348.1m in the 13 weeks to…
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9 February
Very expands beauty and self-care ranges by 94%
The Very Group has expanded its range of beauty and self-care brands on Very.co.uk by 94% since the start of…
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9 February
Joules to increase prices amid rising costs and supply issues
Country lifestyle retailer Joules has announced it is to increase the prices of some of its items in a bid…
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9 February
Dunelm hails ‘record’ trading as sales surge 10%
Dunelm has announced its sales rose by 10.6% year-on-year from £719.4m to £795.6m in the 26 weeks ending 25 December…
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9 February
Peloton to slash 2,800 roles as part of restructure
Peloton has announced that it is set to slash around 2,800 roles as part of a series of measures to…
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9 February
Aldi to create 200 apprenticeship roles in 2022
Aldi has announced it is looking to recruit 200 new apprentices across the UK in 2022. It revealed applications are…
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8 February
NICCE to open first physical store in spring
Nicce has announced the opening of its flagship store on Carnaby Street in spring 2022, marking the first physical flagship…
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