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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Apr- 2022 -26 April
Footfall declines 7% in post-Easter slump
Footfall across UK retail destinations declined by -7% last week from the week before, with a drop of -10.2% in…
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25 April
Morrisons unveils ‘biggest price cuts’ in years
Morrisons has announced it is launching one of its “biggest” price cuts in recent years by reducing prices on over…
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25 April
JD Sports tipped as potential Missguided suitor
JD Sports has reportedly been tipped as a potential suitor to acquire online retailer Missguided after it appointed advisors to…
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25 April
MusicMagpie to launch on Back Market
MusicMagpie has secured a contract to sell consumer electronic products on Back Market, an online marketplace that is dedicated to…
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25 April
Reebok owner enters race to buy Ted Baker
Authentic Brands Group (ABG), The US-based brand licensing empire which includes Reebok and a controlling stake in David Beckham’s consumer…
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25 April
McColl’s sees softer trading period amid cost-of-living crisis
McColl’s has experienced “softer trading” through the Easter period, impacted by reduced consumer spending and continued supply chain disruption across…
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25 April
Asda invests £73m to tackle cost of living crisis
Asda has announced it will be investing over £73m in tackling the cost of living crisis for its customers and…
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22 April
Cheshire Oaks and Swindon designer outlets sold for £600m
LaSalle Investment Management, the global real estate investment manager, has acquired McArthurGlen Designer Outlet Cheshire Oaks and McArthurGlen Designer Outlet…
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22 April
Consumer confidence in freefall, says GfK
UK consumer confidence was in “freefall” during April according to the longstanding GfK Consumer Confidence Index. Its index decreased seven…
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22 April
EG to deliver 32,000 jobs globally amid foodservice expansion
EG Group has announced plans to create more than 32,000 jobs globally over a five-year period. According to the group…
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