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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Dec- 2021 -7 December
Consumer spending rises 16% in November
Consumer spending grew by 16% in November as early festive pursuits boosted retail, hospitality and leisure, according to the latest…
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7 December
Over 300 Spar stores shut following cyber attack
More than 300 Spar stores have been forced to temporarily close after a widespread cyber attack hit the group’s IT…
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7 December
Footfall shows signs of Omicron hesitancy
Footfall rose by only 0.7% in UK retail destinations last week against the week before, according to new data from…
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7 December
Harrods launches new partnership with Klarna
Luxury retailer Harrods has announced a new partnership with Klarna, a global retail bank, in a bid to offer customers…
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6 December
Boots owner mulls £10bn sale of chain
Walgreens Boots Alliance (WBA) is reportedly in talks with Goldman Sachs to discuss the potential disposal of the UK chemist…
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6 December
Tesco set for Christmas shortages amid strike action
Tesco shoppers in many parts of the UK “face empty shelves” in the run-up to Christmas as members of Unite,…
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6 December
Sustainability ‘falls down agenda’ for retailers, report finds
Sustainability is less important now than it was a year ago for a quarter (24%) of retailers, while 8% say…
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6 December
Ted Baker chairman John Barton dies
Ted Baker has announced with “great sadness” the sudden death of its chairman, John Barton. The announcement was made by…
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3 December
Wickes ups profit guidance amid ‘strong’ Q4 sales
Wickes has increased its full-year earnings expectations after a “strong” fourth-quarter trading period, with profit expected to be no less…
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3 December
Poundstretcher rewards staff with 10% pay increase
Discount chain Poundstretcher has announced it is rewarding all of its employees in “recognition of their hard work” throughout the…
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