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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Feb- 2022 -21 February
Made.com CEO to step down
Made.com Group Plc has announced that Philippe Chainieux will step down from his role today as chief executive officer (CEO)…
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21 February
Bira welcomes sales rise, but warns ‘all is not well’
The British Independent Retailers Association (Bira) has said it is “pleased to see a rise in retail sales”, but warned…
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21 February
Tesco removes 1.5 billion pieces of plastic packaging
Tesco has scrapped more than 1.5 billion pieces of plastic across the group following the launch of its 4Rs –…
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18 February
Overseas appetite soars for UK retail sector M&A
Overseas interest has created a surge in deal activity in the UK retail sector in 2021, with overseas acquirors presenting…
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18 February
Kering hails ‘record’ revenues of €17.64bn
Kering has reported “record” revenues of €17.64bn (£14.72bn) in FY21, up 35% year-on-year from €13.1bn (£10.93bn) and up 13% from…
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18 February
End of free Covid tests will harm workers, Union warns
Ending free tests and self-isolation rules, along with no masks, represents a “triple whammy” for Covid safety in stores, according…
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18 February
JD Sports delays annual release but lifts outlook
JD Sports has announced the release of its annual results for FY22 are set to be delayed, however it added…
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18 February
135,000 retail jobs lost amid pandemic
Almost 135,000 traditional retail jobs were lost during the course of the pandemic, according to an analysis of figures from…
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18 February
Retail sales up 1.9% in January 2022
Retail sales volumes rose by 1.9% in January 2022 following a fall of 4.0% in December 2021, according to the…
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17 February
Kingfisher announces leadership shakeup
Kingfisher plc has announced a number of senior management changes to strengthen its group executive team and support the delivery…
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