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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Dec- 2021 -21 December
Sunak unveils £1bn support package for Omicron-hit businesses
Chancellor Rishi Sunak has announced a further £1bn support package for businesses impacted by the new Omicron variant. As part…
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21 December
ABG signs partnership with JD to expand Reebok presence
Authentic Brands Group (ABG) has announced a new strategic partnership with the JD Group (JD) that will see it carry…
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21 December
Missguided secures ‘significant’ investment
Missguided has announced it has secured a “significant” investment deal with London-based investors, Alteri. It revealed Alteri’s investment, comprising both…
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21 December
Unite suspends two-day HGV strike action
Unite union has suspended a two-day strike which could have affected deliveries to 1,500 convenience stores across London and the…
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21 December
Nike revenues remain flat in Q2
Nike has announced that revenues in its second quarter rose by 1% to $11.4bn (£8.6bn), remaining flat as it continued…
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21 December
UK high streets suffer as Covid concerns grow
UK high streets saw footfall decline by -2.6% over pre-Christmas weekend, according to the latest figures from Springboard. Although footfall…
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20 December
Ted Baker confirms board changes amid death of chairman
Ted Baker has confirmed that a search is currently underway for a new chairman of the board. The search follows…
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20 December
Mike Ashley to consider taking Frasers private
Mike Ashely is reportedly considering taking Frasers Group off of the stock market in a bid to take advantage of…
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20 December
Amazon partners with Barclays to launch ‘buy now, pay later’ service
Amazon has announced its partnership with Barclays to enable UK customers to have access to a new, flexible payment method.…
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20 December
Sainsbury’s opens new Glasgow store
Sainsbury’s welcomed customers to its latest new store of 2021 as it opened the doors to Sainsbury’s Ingram Street Local…
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