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 -14 February
Boots bidders given end of month deadline
Prospective bidders for Boots reportedly have until the end of the month to submit their first-round bids in a £7bn…
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11 February
Waitrose boosts partnership with Deliveroo
Waitrose has announced it is expanding its partnership with Deliveroo and will be trialling Deliveroo Hop, the delivery service that…
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11 February
UK GDP rises 7.5% in 2021, largest increase since WW2
The UK economy increased by a “better-than-expected” 7.5% in 2021 to record the “fastest” incline since the Second World War,…
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11 February
Urban Outfitters Q4 sales rise 13.9%
The Urban Outfitters Group, which operates brands such as Anthropologie, BHLDN, Free People, FP Movement and Urban Outfitters, has reported…
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11 February
Poundland to open biggest ever UK site
Poundland is set to open its biggest ever UK store in Nottingham this week, which will offer its widest range…
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11 February
Adidas extends board appointments amid growth strategy
Adidas has announced its supervisory board has extended the appointments of executive board members Roland Auschel and Brian Grevy. Auschel…
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10 February
CMA designates Amazon as a grocery retailer to ‘protect suppliers’
The Competition and Markets Authority (CMA) has designated Amazon under the Groceries Market Investigation Order, meaning the company and its…
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10 February
PVH Corp appoints Zac Coughlin as CFO
PVH Corp, the owner of the Tommy Hilfiger and Calvin Klein brands, has announced the appointment of Zac Coughlin as…
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10 February
Retailers cancel £7.1bn in contracts over ethical concerns
UK retailers cancelled £7.1bn in contracts over the last 12 months over concerns about suppliers meeting “stringent” ethical and sustainable…
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10 February
Watches of Switzerland sales soar amid ‘thriving’ market demand
The Watches of Switzerland Group PLC has reported its revenues surged 27.9% year-on-year to £348.1m in the 13 weeks to…
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