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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Oct- 2021 -12 October
Retailers plan increased store space despite business rates challenge
Mid-market retailers are set to invest in more physical stores over the next two years in a bid to increase…
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12 October
Grocery sales dip 1.2% as fuel shortage limits visits
Take-home grocery sales fell by 1.2% over the 12 weeks to 3 October 2021, as the reduced availability of petrol…
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12 October
Tesco to appoint 30,000 Christmas workers
Tesco has announced it will recruit 30,000 temporary workers during the festive period. The grocer said half of those roles…
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11 October
Poundland owner names new chief operating officer
Pepco Group, the owner of budget retailer Poundland, has announced the appointment of Trevor Masters as the group’s chief operating…
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11 October
PM appoints ex-Tesco CEO Dave Lewis as supply chain adviser
The prime minister has appointed Sir David Lewis, former CEO of Tesco, as the UK Government’s supply chain adviser. The…
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11 October
Asos CEO steps down amid profit warning
Asos has announced that Nick Beighton will step down as CEO of the business after 12 years, as the group…
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11 October
Christmas footfall predicted to remain 17% below 2019 levels
Footfall across UK retail destinations will average -17% lower than in 2019 over the six week Christmas trading period from…
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11 October
Consumer confidence hits lowest level this year
Consumer confidence has returned to pre-pandemic levels, but still hit its lowest point in 2021 following “record” highs earlier this…
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8 October
Asos launches new policies to provide support for employees
Asos have announced the launch of a new package of policies, set to provide support to its colleagues for health-related…
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8 October
N Brown Group H1 profits hit £28.2m
Jacamo owner, N Brown Group, saw its pre-tax profits hit £28.2m for the six-months ended 28 August, rising from a…
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