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 -5 January
Pepco Group CEO steps down due to health reasons
Poundland owner Pepco Group has announced that CEO Andy Bond will step down at the end of March due to…
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4 January
New Selfridges owners unveil hotel plans for flagship store
The new owners of Selfridges, The Central Group, reportedly plan to open a new luxury hotel and serviced apartments as…
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4 January
Retailers see New Year’s Eve footfall boost
Retailers saw a pleasant end to the year with footfall rising 5.2% on New Year’s Eve, according to the latest…
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4 January
Tesco unveils first commercial electric articulated HGVs
Tesco has launched the “UK’s first” commercially used fully electric heavy freight articulated trucks. Two new 37 tonne DAF electric…
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4 January
Ethical spending hits ‘record’ £122bn in 2021
Ethical spending across the UK has reached “record” highs as it exceeded £100bn for the first time ever, amounting to…
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4 January
Aldi to add over 100 new British suppliers in 2022
Aldi has announced plans to recruit over 100 additional British suppliers in 2022. The plans aim to increase the group’s…
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Dec- 2021 -23 December
Iceland MD urges people to get vaccinated as staff absences surge
Iceland managing director Richard Walker has urged colleagues to get vaccinated as the number of staff absences reached a new…
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23 December
Redevco acquires Oxford shopping centre for £38.8m
Redevco, one of Europe’s largest privately-owned real estate investment managers, has acquired Templars Square in Oxford for £38.8m from New…
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23 December
December retail sales slow amid Omicron impact, CBI warns
Retail sales growth slowed in the year-to-December to 8%, down from 39% last month, as the impact of the Omicron…
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23 December
Morrisons to reduce own-brand greenhouse gas emissions
Morrisons has announced it is working with its own-brand suppliers to reduce greenhouse gas emissions, as part of its commitment…
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