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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Aug- 2021 -12 August
Gerry Weber sees H1 sales fall 23.4% to £91m
Women’s fashion brand Gerry Weber saw group sales fall 23.4% year-on-year to €107.7m (£91.2m) in H1 FY21. Gross profits at…
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12 August
The Midcounties Co-op to tackle food poverty with local partnerships
The Midcounties Co-operative has announced that it has partnered with three local councils to help feed more than 7,000 children…
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12 August
Pret a Manger staff to consider strike action over pay cuts
Pret a Manger staff are reportedly considering strike action after the temporary reduction in pay they suffered during the lockdown…
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12 August
Bestseller announces three new investments
Bestseller, the owner of clothing brands such as Jack & Jones, Vero Moda and Vilahave, announced they will be working…
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12 August
Retail best industry for UK start-ups, research finds
Retail has been named as the UK’s best industry for start-ups, according to new research from cloud accounting company Ember.…
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12 August
B&M to appoint Paula Makenzie as non-exec director
B&M European Value Retail has announced that Paula MacKenzie is set to join the group’s board as a non-executive director.…
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12 August
Boohoo to create 5,000 new jobs over five-year period
Boohoo Group has outlined plans to create 5,000 new jobs off the back of a £500m investment programme across the…
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12 August
UK economy surges 4.8% in June
The UK economy grew by 4.8% in June as Covid-19 restrictions surrounding retail and leisure were eased across the UK,…
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11 August
Morrisons to close on Boxing Day for the first time ever
Bosses at Morrisons have told staff they can have Boxing Day off this year as a thank you for their…
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11 August
Asda invests in Lean Kitchen Network
Asda has announced that it has made an equity investment in Lean Kitchen Network (LKN), a digital brand creation and…
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