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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Sep- 2021 -29 September
Morrisons staff win first round of equal pay legal battle
Thousands of store workers at Morrisons have won the first decision in their legal for equal pay after an employment…
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29 September
Retail leaders join Pennies to strengthen micro-donation push
Some 40 leaders from across retail, hospitality, payment, and technology have announced a new partnership with Pennies to help strengthen…
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29 September
Lego operating profit soars 104%
Lego has revealed an operating profit for the first half of the year of DKK 8bn (£929m), an increase of…
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29 September
Quiz sees FY21 losses widen to £9.6m
Fashion retailer Quiz has seen its losses widen to £9.6m for the year ending 31 March 2021 compared with a…
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29 September
Next raises guidance but warns of staff shortages
Next has raised its full-year guidance following a strong performance in its half-year results, and now expects its profit-before-tax to…
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28 September
EG group acquires 52 KFC restaurants
The Issa Brothers’ EG group has announced the acquisition of 52 Kentucky Fried Chicken (KFC) restaurants in the UK from…
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28 September
Moonpig ups full-year guidance amid ‘strong’ trading
Moonpig has announced it is raising its revenue guidance for FY22 amid a period of “strong” trading, and now expects…
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28 September
Card Factory narrows H1 losses to £6.5m
Card Factory has announced that it has narrowed its pre-tax losses for the six-month period ending 31 July 2021 to…
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28 September
Return to offices boosts city footfall
Footfall across UK retail destinations rose by +2.7% last week from the week before, rising by +3.7% in high streets,…
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28 September
Asos to create 180 jobs with new £14m Tech Hub
Asos has announced it is to invest £14m in a new Tech Hub in Belfast and create 184 new jobs…
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