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 -8 February
Frasers Group to open new Sports Direct flagship in Manchester
Mike Ashley’s Frasers Group has unveiled plans to open a 50,000sq. ft Sports Direct flagship in Manchester city centre, as…
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8 February
Iceland to rework product sourcing with RangeMe partnership
Iceland and The Food Warehouse have joined forces with global product discovery platform, RangeMe, to change the way they uncover…
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8 February
Ocado FY21 losses widen amid labour shortages and robotics roll-out
The Ocado Group has reported a loss before tax of £176.9m for the 52 weeks ending 28 November 2021 (FY21),…
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8 February
Consumer spending slows in January
Consumer card spending rose by only 7.4% in January compared to the same period in 2020, marking the smallest uplift…
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8 February
EG Group to provide 500 apprenticeships over three years
EG Group has announced its “ambitious plans” to create opportunities for 500 apprentices over a three-year period. The announcement comes…
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7 February
Abercrombie & Fitch’s Gilly Hicks to debut its first UK store
Shaftesbury has announced the opening of Gilly Hicks’ first UK standalone store on 39 Carnaby Street, which is set to…
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7 February
Consumer confidence falls for second consecutive quarter
The Deloitte Consumer Tracker has revealed UK consumer confidence fell by one percentage point in Q4 2021 to -11%, the…
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7 February
Aldi partners with British Land to open four new stores
Aldi has agreed four new leasing deals with property and investment company British land, totalling 85,000 sq ft of space.…
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7 February
Pets at Home appoints new CEO
Pets at Home Group Plc has announced the appointment of Lyssa McGowan as group chief executive officer, effective from 1…
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7 February
Private equity firms circle THG
Private equity firms Advent International and Leonard Green are exploring a buyout of the struggling online retailer The Hut Group,…
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