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- 2022 -12 December
UK economy returns to growth in October
The UK economy returned to growth in October following the period of national mourning after the death of the Queen,…
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12 December
4 in 5 shoppers using social media to find Christmas gift ideas
The inaugural Shop Social study, conducted by social media experts Maybe*, (https://www.maybetech.com/) has found that the products we are most…
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12 December
Monsoon sales rise 43% in FY22
Monsoon saw its sales rise 43% to £258m and a strong gross margin performance of 5.3% that helped double the…
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12 December
M&Co appoints administrators
M&Co has fallen into administration after struggling with rising input costs as well as lower consumer confidence in recent months.…
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12 December
Tesco begins search for independent chairman replacement
Tesco has reportedly begun proceedings to find a replacement for its independent chairman, John Allan, who will step down in…
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9 December
Primark to open 10 stores before Christmas
Primark’s parent company Associated British Foods (ABF) has announced that it is set to open 10 new stores before Christmas.…
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9 December
Gymshark appoints Laura Hagan as CPO
Gymshark, the fitness community and apparel brand, has revealed Laura Hagan is to join the firm in January 2023 as…
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9 December
Morrisons agrees £220m warehouse deal
Morrisons has agreed to a £220m sale and leaseback deal with asset management firm, Intermediate Capital Group, which also includes…
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9 December
ProCook projects ‘weaker than anticipated’ F23 performance
ProCook Group has announced that it expects its full-year revenues for FY23 to be between £60m – £65m, marking a…
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9 December
Former Greggs CEO assumes new role on Card Factory board
Card Factory has announced that Roger Whiteside, the former CEO of Greggs, will assume the role of senior independent non-executive…
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