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 -2 February
Asda to trial digital self-ID at checkouts
Asda has announced it will be the first supermarket to trial an automated age verification solution at self-checkouts which aims…
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1 February
Co-op workers win first stage of equal pay battle
Co-op shop floor workers have won the first argument in its battle to secure equal pay with distribution employees. Comparability…
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1 February
Tesco axes Jack’s discount brand
Tesco has announced that it will no longer operate stores under the Jack’s brand in a bid to focus on…
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1 February
Joules lowers profit forecast amid Covid and supply chain disruptions
Joules has reported its pre-tax profits fell to £2.6m in the six months ending 28 November 2021 (FY22), compared to…
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1 February
Asos invests £14m in Belfast tech hub
Asos has announced it is investing £14m into a new tech hub in Belfast over the next three years as…
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Jan- 2022 -31 January
Studio Group warns of profit hit amid ‘shipping issues’
Studio Retail Group has revealed its adjusted profit before tax for the full year is set to be lower than…
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31 January
Walgreens set to start £7bn Boots sale process
Walgreens Boots Alliance has reportedly started the sales process for its Boots international drugstore unit, according to Bloomberg. Walgreens is…
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31 January
Net-a-Porter president joins Lululemon board of directors
Lululemon athletica inc. has announced that Alison Loehnis, president of luxury and fashion at Yoox Net-a-Porter, has been appointed to…
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31 January
Farfetch enters beauty market with Violet Grey acquisition
Fartech Limited, the global platform for the luxury fashion industry, has announced it will acquire luxury beauty retailer, Violet Grey,…
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28 January
Adidas set to hire 2,800 new employees in 2022
Adidas has announced plans to hire 2,800 new employees this year at 307 of its locations in 47 countries. The…
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