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 -4 February
Amazon Q4 profits hit $14.3bn
Amazon has reported its profits increased to $14.3bn (£10.53bn) in the fourth quarter ending December 31, 2021, with sales surging…
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4 February
Currys begins search to replace Livingston as chairman
Currys, the electrical retailer, has reportedly begun its search for a new chairman to eventually succeed Lord Livingston of Parkhead.…
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4 February
Mattress Online expands team with six new appointments
Mattress Online, the UK’s independent mattress retailer, has strengthened its team with six new hires as home working continues to…
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4 February
West End footfall resurges as Plan B is scrapped
London’s West End has welcomed a “promising” boost to its footfall in the first full week following the end of…
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4 February
Over 70% of consumers concerned about environmental issues
Over 70% of consumers are concerned about environmental and sustainability issues, according to the TWC’s ‘Do good, feel good’ report.…
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3 February
BoE raises interest rates to 0.5%
The Bank of England (BoE) has raised interest rates for the second time in three months to 0.5%, up from…
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3 February
Energy price cap to rise 54% from April
Retail bosses are braced for a spending squeeze after it was revealed the energy price cap is set to increase…
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3 February
Ikea to recruit 150 tech roles with new recruitment campaign
Ikea has announced a new data and technology recruitment campaign to recruit over 150 technology and innovation roles across Europe…
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3 February
ScS reports strong winter trading as order book hits £148m
ScS, the upholstered furniture and flooring retailer, has hailed a period of strong winter trading which has also seen its…
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3 February
Walgreens Boots Alliance adds to its board of directors
Walgreens Boots Alliance has announced the appointment of Steven Shulman to the company’s board of directors. He joins the board…
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