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 -13 April
Aldi trials all-electric trailer to lower delivery fleet emissions
Aldi has announced it is trialling an all-electric refrigerated trailer to form part of its efforts to reduce lower carbon…
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13 April
UK inflation hits 7% amid rising fuel costs
The annual rate of inflation has hit a new 30-year record with a rise of 7% in the 12 months…
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12 April
Watches of Switzerland unveils leadership shakeup
The Watches of Switzerland Group PLC has announced the appointment of Chabi Nouri to the board as an independent non-executive…
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12 April
Fragrance Direct relaunches website one year after Maximo acquisition
Online beauty retailer Fragrance Direct has revamped its website and unveiled a brand refresh – one year after it was…
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12 April
Asos swings to loss and predicts further £14m hit from Russia exit
Asos has revealed its pre-tax profits fell 115% year-on-year from £106.4m to a pre-tax loss of £15.8m in the six…
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12 April
Retail sales slow as consumer confidence wanes
Total sales increased by 3.1% in March, dropping below the three-month average growth of 6.9% and the 12-month average growth…
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12 April
Westminster City Council creates pop-up boutique for 12 independent businesses
Westminster City Council has created a pop-up boutique for 12 emerging independent businesses, giving them the opportunity to be part…
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12 April
M&S commits to lower prices amid cost of living crisis
M&S has committed to lowering the prices of everyday products in a bid to ease the pressure of the unfolding…
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11 April
Weird Fish freezes prices amid soaring inflation
UK lifestyle clothing brand Weird Fish has announced it is freezing prices for its spring/summer trading period in response to…
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11 April
Marks Electricals sees revenues surge to £80m
Marks Electricals has hailed a strong year of revenue growth for the full-year ending 31 March 2022 as its revenues…
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