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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Nov- 2021 -19 November
UK Consumer Confidence improves in November despite high inflation
UK consumer confidence improved by three points in November despite concerns over rising inflation, according to GfK’s Consumer Confidence Index.…
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19 November
Retail sales return to growth in October
October Retail sales volumes rose by 0.8%, according to the latest data by the Office of National Statistics (ONS). Non-food…
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19 November
Kingfisher profits to reach top end of forecast after strong Q3
Kingfisher believes its full-year profit will be at the top end of guidance after welcoming a strong sales performance in…
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18 November
House of Fraser to close its Oxford Street store
Mike Ashley’s Frasers Group has confirmed that its flagship store on London’s Oxford Street is to close permanently. The retailer…
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18 November
Card costs could soar £150m a year, BRC warns
Retailers in the UK and the EEA could now face an estimated £150m a year cost increase to accept cross-border…
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18 November
Eurofund Group launches UK retail arm
Eurofund Group, the international investment and real estate development company has officially launched a UK retail arm. The new UK…
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18 November
Co-op offers free delivery until after Black Friday
Co-op is serving-up free delivery of online grocery orders until the day after Black Friday, it has confirmed. Earlier this…
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18 November
Naked Wines returns to profit in half-year results
Naked Wines has seen its profits before tax hit £1.3m in the first half of 2022, up from a loss…
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17 November
Amazon to stop accepting Visa credit cards in UK from Jan 2022
Amazon has announced that from 19 January 2022 it will no longer accept Visa credit cards as a payment method…
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17 November
UK retailers suffer one cyberattack every 8 days
The UK’s retailing sector has experienced 44 cyberattacks in the last 12 months – roughly one every 8 days –…
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