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 -6 April
Skechers adds Cinedigm CCO to board of directors
Skechers has announced that Yolanda Macias has been appointed to its board of directors, bringing the total number of directors…
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6 April
Sosandar set to welcome ‘record’ results in FY22
Sosandar is set to achieve record sales in what it dubbed a “milestone year” for the retailer, as it expects…
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5 April
Retail footfall drops 22.9% across UK
Footfall fell by 22.9% compared to 2019 in the non-food sector across the UK, although footfall is up 9.9% compared…
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5 April
Supermarket sales remain in decline amid online pandemic comparatives
Total till sales at UK supermarkets fell -4.1% in the last four weeks ending 26 March, the lowest sales growth…
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5 April
CD&R begins £500m Morrisons property sale as it warns on profits
The new owner of Morrisons, Clayton Dubilier and Rice, has reportedly begun plans to sell a £500m property portfolio months…
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5 April
Ted Baker launches formal sales process as bids increase
Ted Baker has announced it has officially launched a formal sales process after receiving a number of unsolicited offers from…
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5 April
Moonpig annual revenues to hit £300m
Moonpig Group plc has announced it expects annual revenues to hit £300m in the financial year ending 30 April 2022,…
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5 April
The Works forced to close stores amid cyber security incident
The Works has confirmed it has been victim to a cyber security incident involving unauthorised access to its computer systems,…
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4 April
Boots gender pay gap drops to 2.7%
Boots has reported its median pay gap has dropped to 2.7% in the 12 months ending 5 April 2021, compared…
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4 April
Ocado set to receive £190m from M&S amid joint venture success
Ocado is reportedly set to receive an estimated £190m after its food delivery joint venture with M&S is thought to…
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