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 -16 February
Inflation hits 30-year high amid rising cost of living
Inflation rose by 5.5% in the 12 months to January 2022, up from 5.4% in December 2021, marking the highest…
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15 February
Universal Works debuts London showroom
Universal Works, the Nottingham-based fashion brand, has announced it has launched its first dedicated showroom in the heart of London’s…
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15 February
January sees lowest rate of online retail growth ever recorded
January saw the lowest rate of online retail growth ever documented in 22 years of tracking at -24.4% Year-on-Year (YoY),…
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15 February
UK labour market sees recovery as unemployment falls to 4.1%
The UK labour market has seen “continuing recovery” as the unemployment rate decreased by 0.2% on the quarter to 4.1%,…
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15 February
Dunelm launches 3-year partnership with the Natural History Museum
British homewares retailer Dunelm has announced the launch of a new collection as part of a three-year collaboration with the…
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15 February
MySale revenues dip amid inventory challenges
International online retailer MySale has announced that revenues fell by 6% to A$59.7m (£31.5m) in the six-month period to 31…
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15 February
UK footfall rises for fifth consecutive week
Across UK retail destinations, footfall rose by +2.2% last week from the week before, with increases in each of the…
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14 February
Studio Retail to appoint administrators amid failure to acquire £25m loan
Studio Retail, the digital value retailer, has announced its intention to appoint administrators to SRG and Studio Retail Limited, its…
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14 February
John Lewis profits surge could see return of staff bonus
The John Lewis Partnership could possibly see the return of its fabled staff bonus this year after it was revealed…
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14 February
CMA fines JD Sports £4.3m for breaching rules
The Competition and Markets Authority (CMA) has issued JD Sports a penalty of £4.3m for failure to comply in certain…
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