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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Jan- 2022 -20 January
Forever 21 announces new CEO
Forever 21 has announced Winnie Park as its new chief executive officer, effective immediately. Park joins Forever 21 from Paper…
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19 January
Burberry sees recovery with profits rising to £723m
Burberry Group plc has increased its operating profit expectations to grow by 35%, following a 5% increase in revenue to…
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19 January
OnBuy reveals new Bournemouth HQ
UK-based online marketplace, OnBuy, has announced a deal for new office space in Bournemouth Town Centre. The move follows what…
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19 January
Inflation hits 30-year high
Inflation reached 5.4% in December, its highest rate since CPIH stood at 5.1% in May 1992, according to the latest…
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19 January
In the Style sales rise 22% over festive period
In the Style revealed it has delivered a period of strong growth over the festive period, with total net sales…
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19 January
Sage acquires omnichannel retail system Brightpearl
Brightpearl, a cloud-native multichannel retail operating system for retailers and wholesalers, has been acquired by The Sage Group, a leader…
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19 January
WH Smith sales remain below pre-Covid levels
WH Smith has announced that its revenue remains below pre-pandemic levels for the 20 week period ending 15 January 2022,…
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18 January
Aldi launches first checkout-free store
Aldi has launched its first checkout-free concept store, Aldi Shop&Go, in London this morning for public testing. After having been…
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18 January
Hotel Chocolat sees Q2 revenues jump 37%
Hotel Chocolat, the British chocolatier and omni-channel retailer, has revealed it saw group revenues increase 37% during the 13-week period…
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18 January
Employment continues to rise
The UK shows ‘continuing’ recovery in the labour market, with employment continuing to rise, according to the ONS latest Labour…
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