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.
-
May- 2021 -11 May
OnBuy adds raft of new staff members
OnBuy has added 32 new staff members across multiple departments at the firm, as the group continues along its recruitment…
Read More » -
11 May
Pret to trial stores inside Tesco supermarkets
Pret a Manger is reportedly set to trial opening stores located inside Tesco supermarkets in a bid to attract a…
Read More » -
11 May
Morrisons predicts stronger profits amid sales surge
Morrison’s has predicted that net debt for the year will be no higher than pre-pandemic levels and that profit before…
Read More » -
11 May
Hotel Chocolat reports Easter revenue boost
Hotel Chocolat has reported a year-on-year revenue increase of 60% over the eight weeks to 25 April, attributed to the…
Read More » -
11 May
Joules raises full-year guidance amid ‘encouraging’ trading
Joules has announced it has raised both its revenue and pre-tax profit guidance after being “encouraged” by recent momentum across…
Read More » -
11 May
THG announces $1bn capital raising
The Hut Group (THG) has announced a capital raising of roughly $1bn (£708m) to support the continuation of the group’s…
Read More » -
10 May
PM confirms further easing of restrictions from 17 May
Prime minister Boris Johnson has confirmed that indoor hospitality can return next week as the government moves ahead with the…
Read More » -
10 May
JTF Central eyes 50-shop UK portfolio
Discount retail chain JTF Central is set to open 50 high street sites across the UK, following its upcoming debut…
Read More » -
10 May
UK retail footfall drops 4.1% amid poor weather
Footfall across UK retail destinations declined by 4.1% last week from the week prior, which was attributed to the impact…
Read More » -
10 May
Ikea eyes Topshop’s former Oxford Street flagship
Ikea has reportedly held advanced talks to take over the former Topshop flagship store Oxford Street as part of a…
Read More »