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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Sep- 2021 -10 September
Asda to hire 150 greengrocers amid £9m fresh produce investment
Asda has announced the appointment of 150 in-store greengrocers as a part of a £9m investment to extend its fresh…
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10 September
UK economic growth slows, ONS reveals
UK economic growth slowed down in July, growing by 0.1% compared with 1% in June 2021, according to the latest…
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10 September
Tod’s sees profits reach €65m in H1
Tod’s, the shoewear company, has reported an EBITDA of €65m (£55m), with a 16.3% margin on sales in the first…
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10 September
Asda owners mull £10.8bn EG Group sale
TDR Capital and the Issa brothers, the new owners of Asda, are reportedly considering their options – including a possible…
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10 September
Lululemon Q2 net revenues top £1bn
Lululemon Athletica, the multinational athletic apparel retailer, has revealed its net revenues soared 61% year-on-year to $1.45bn (£1.04bn) in Q2…
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9 September
Costa Coffee to increase staff pay by 5%
Costa Coffee has announced that all 14,500 of its store team members in UK company-owned stores will receive a 5%…
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9 September
JD Sports adds Bert Hoyt as non-exec director
JD Sports Fashion has announced the appointment of Bert Hoyt as a non-executive director at the group, effective 8 September…
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9 September
61% of shop workers subjected to offensive behaviour, study finds
Some 61% of shop workers have experienced some form of offensive behaviour while working for their current employer, for whom…
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9 September
B&M HY results to beat expectations
B&M European Value Retail S.A has revealed that whilst group revenues year to date have been “broadly in line with…
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9 September
Gear4music acquires AV online for £9.2m
Gear4music has announced that it has acquired AV Distribution Ltd, which is trading as AV Online, for an aggregate consideration…
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