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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Mar- 2022 -21 March
Asda unveils largest Asda On the Move store
Asda has unveiled its largest store on an EG Group petrol filling station to date with the opening of a…
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21 March
Boots bidders to begin discussions this week
Potential new owners of Boots are set to meet with the high street chemist chain’s management this week to discuss…
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18 March
H&M launches sustainable kidswear collection
H&M has launched its latest kidswear collection using more sustainable print techniques which have lower environmental impact. The collection is…
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18 March
Sycamore Partners eyes Ted Baker takeover bid
American private equity firm Sycamore Partners is reportedly considering a takeover bid for Ted Baker, according to Sky News. The…
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18 March
Ocado lowers growth forecast amid drop in Q1 sales
Ocado Retail Ltd has announced its revenues dropped 5.7% year-on-year in the 13 weeks to 27 February 2022 (Q1) to…
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18 March
M&S expands workplace benefits with Cushon partnership
Marks and Spencer has announced a partnership with Cushon as its workplace savings provider to expand upon its existing financial…
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18 March
T.M. Lewin calls in administrators for second time in two years
T.M. Lewin has collapsed into administration for the second time in two years as trading continued to be impacted by…
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18 March
UK vacancy rates decrease for the first time since 2018
In H2 2021, the national vacancy rate declined by 0.1% from H1 2021, landing at 14.4% – the first decline…
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17 March
Abercrombie & Fitch unveils new activewear sub-brand YPB
Abercrombie and Fitch, a division of Abercrombie and Fitch Co., has announced the launch of a new activewear sub-brand called…
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17 March
BoE raises interest rates to 0.75%
The Bank of England has raised interest rates back to the pre-pandemic level of 0.75% as it tries to mitigate…
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