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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Aug- 2022 -9 August
Sharon White: Gov needs to get over 50s back into work to curb inflation
The boss of John Lewis has said the large number of over 50s who left the workforce during the pandemic…
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9 August
Arcadia trustees near closing £1bn pensions deal
Arcadia’s pension trustees are reportedly close to securing a £1bn deal that will see them receive the retirement schemes promised…
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9 August
House of Zana wins trademark row with Zara
House of Zana has won a trademark battle with fashion giant Zara which sought to change the local boutique’s name.…
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9 August
Neiman Marcus appoints new president
Neiman Marcus Group has announced the appointment of Ryan Ross as its president, effective Aug 15 2022. Ross will report…
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9 August
Amazon to expand offering with iRobot acquisition
Amazon has revealed its intention to acquire the consumer robot company, iRobot, after the two companies have reportedly entered into…
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8 August
Women’s Euro and summer heatwave reduce online retail sales decline
Online retail sales growth dipped -2.3% year-on-year (YoY) in July 2022 as the Women’s Euro final and the summer heatwave…
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8 August
Mike Ashley pursues legal claim against Morgan Stanley
Mike Ashley has reportedly launched a legal claim against Morgan Stanley, alleging the investment bank acted in “bad faith” over…
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8 August
Amazon workers plan further strikes over 35p pay rise
Amazon workers are preparing for a further wave of strikes in British warehouses in the coming days as disagreement over…
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8 August
Joules confirms talks to sell minority stake to Next
Joules has confirmed in a statement that Next plc has been in negotiations for several weeks for the retail giant…
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8 August
Kontoor Brands revenue up 25% in Q2
Global lifestyle apparel company, Kontoor Brands, has seen revenue increase by 25% to $614m (£507m) in Q2, largely driven by…
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