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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Apr- 2021 -16 April
‘We need to do a better job for our employees’, says Bezos
Amazon founder Jeff Bezos has said that Amazon must “do a better job” for its employees in his final letter…
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16 April
M&S sues Aldi over Colin the Caterpillar ‘look-alike’
Marks and Spencers has started legal action against Aldi over its Cuthbert the Caterpillar cake, which the retailer argues infringes…
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16 April
Crystal Peaks Shopping Centre to create five new retail units
Crystal Peaks Shopping Centre has announced that work will begin on the creation of five new retail units. Four ground…
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16 April
Sainsbury’s opens new Wapping London Dock site, creating 21 jobs
Sainsbury’s has launched a new Wapping London Dock local store, creating 21 jobs for the area. According to the grocer,…
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15 April
Tesco adds independent non-executive directors to board
Tesco has announced that Thierry Garnier and Bertrand Bodson will join the board as independent non-executive directors with effect from…
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15 April
Hobbs sees FY20 turnover fall to £133m
Hobbs, the women’s clothing, footwear, and accessories retailer, saw its turnover for the year ended 28 March 2020 fall 1.8%…
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15 April
The Carlyle Group acquires majority stake in Beautycounter
The Carlyle Group has announced that it has acquired a majority stake in Beautycounter in a transaction that values the…
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15 April
AO World FY21 revenues hit £1.66bn as UK sales surge
Online retailer AO World has revealed its FY21 group revenues increased 62% to £1.66bn, thanks in part to a strong…
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15 April
The Hut Group revenues soar 42% in ‘milestone’ year
The Hut Group has announced that group revenues soared by 42% to £1.6bn in its full-year results, as the wider…
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15 April
MPs take evidence on violence against retail workers
The Home Affairs Committee opened its inquiry into violence against retail workers yesterday (14 April), with MPs taking evidence from…
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