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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Dec- 2021 -17 December
November retail sales rise by 1.4%, ONS reveals
Retail sales volumes rose by 1.4% in November 2021, and were 7.2% higher than pre-Covid levels in February 2020, according…
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17 December
Online retailers expected to send 95% more orders this week
Online stores are preparing themselves for the next 10 days of shipping, with retailers expected to send up to 95%…
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17 December
Matalan partners with The Hut Group in new digital drive
Matalan has partnered with THG Ingenuity in a bid to accelerate its digital drive and support “extensive” online growth, in…
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16 December
Tesco turns to refrigerated rail service to slash CO2 emissions
Tesco has announced it will begin to use a refrigerated rail freight service to transport goods across the UK over…
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16 December
Boohoo warns higher return rates to impact FY22 profits
Boohoo has warned that “significantly” higher return rates will impact profits for the full-year ending 28 February 2022 making it…
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16 December
Hammerson disposes of Silverburn shopping centre stake
Hammerson has announced the disposal of a number of its non-core assets, including its share in Glasgow’s Silverburn shopping centre.…
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16 December
Shoe Zone opens new Southampton Store
Footwear retailer Shoe Zone has announced the opening of a new store in Southampton this winter. The store, located on…
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15 December
Aldi to introduce pay rise for all UK store staff
Aldi has announced that it will be giving 28,000 UK store colleagues a pay rise, effective from 1 February 2022.…
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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…
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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…
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