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.
-
Dec- 2021 -15 December
Tesco avoids Usdaw strike action with new pay deal
Tesco has agreed a pay deal with Usdaw to avert strike action at nine of its distribution centres in the…
Read More » -
15 December
Currys H1 profits hit £48m despite supply issues
Currys has reported that pre-tax profits hit £48m for the six-month period ending 30 October 2021, up from £45m reported…
Read More » -
15 December
In The Style profit halves amid supply chain issues
In The Style has seen its profit halve in the six months ended 30 September 2021, falling by 51.3% as…
Read More » -
15 December
Casa di Moda sets greenhouse gas reduction target
Fashion retail house Casa di Moda has announced it has set targets to reduce its greenhouse gas emissions by 60%…
Read More » -
14 December
New store openings boost Poundland sales
Poundland owner the Pepco Group has announced that earnings soared by 46% to €647m (£552m) in the full-year ended 30…
Read More » -
14 December
Brits set to spend £6.8bn on groceries in next two weeks
British shoppers are set to spend £6.8bn at UK supermarkets in the next two weeks leading up to Christmas Eve,…
Read More » -
14 December
Joules lowers H1 profit guidance amid global supply issues
Retailer Joules expects to report lower pre-tax profits for the 26-week period ending 28 November ranging from £2m to £2.5m,…
Read More » -
14 December
Aldi found to be ‘most hygienic’ supermarket
An analysis of the hygiene ratings of supermarket chains in England has revealed that Aldi has the most highly ranked…
Read More » -
14 December
Footfall slows as impact of Plan B begins to show
Overall, footfall across UK retail destinations declined by -1.1% last week, wholly driven by a -2.7% drop in activity in…
Read More » -
14 December
Nike acquires RTFKT brand
Nike has announced it has acquired RTFKT, a brand that reportedly uses “cutting edge innovation” to deliver next generation collectibles…
Read More »
