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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Jan- 2022 -7 January
Tube strikes threaten West End footfall
A proposed six month strike action across London’s Night Tube is set to bring disruption to businesses across London’s West…
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7 January
Poundland unveils plans to open four larger stores
Poundland has announced plans to open four new large format stores this year as part of its “ambitious” transformation targets.…
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6 January
Made sees sales surge 38% to £434m
Made.com has seen its sales surge 38% year-on-year to £434m, boosted by its marketplace offering and its performance in the…
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6 January
Asda unveils new year leadership changes
Asda has announced changes to its executive leadership team as it enters into the new year with the appointment of…
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6 January
Omicron rise leads to significant footfall drop off
Footfall across all UK retail destinations in December was -18.6% below the 2019 level, the worst result since August and…
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6 January
B&M ups guidance following strong festive trading
B&M has announced it has raised its guidance for FY22 following a period of “very strong” trading in the run-up…
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6 January
Next Christmas sales beat outlook by £70m
Next has revealed that during the peak Christmas period to 25 December 2021, the retailer recorded £70m more sales than…
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5 January
Grocery sales hit £11.7bn in December
Take-home grocery sales reached £11.7bn in December alone as shoppers upped their spending to celebrate Christmas, according to the latest…
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5 January
Price rises to pick up momentum in 2022
Shop price annual inflation accelerated to 0.8% in December, up from 0.3% in November with prices set to rise in…
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5 January
M&S launches lower carbon diet initiative
Marks and Spencer is launching its Sparking Change National Challenge, inviting its 14 million customers to try a lower carbon…
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