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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Feb- 2022 -15 February
MySale revenues dip amid inventory challenges
International online retailer MySale has announced that revenues fell by 6% to A$59.7m (£31.5m) in the six-month period to 31…
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15 February
UK footfall rises for fifth consecutive week
Across UK retail destinations, footfall rose by +2.2% last week from the week before, with increases in each of the…
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14 February
Studio Retail to appoint administrators amid failure to acquire £25m loan
Studio Retail, the digital value retailer, has announced its intention to appoint administrators to SRG and Studio Retail Limited, its…
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14 February
John Lewis profits surge could see return of staff bonus
The John Lewis Partnership could possibly see the return of its fabled staff bonus this year after it was revealed…
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14 February
CMA fines JD Sports £4.3m for breaching rules
The Competition and Markets Authority (CMA) has issued JD Sports a penalty of £4.3m for failure to comply in certain…
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14 February
Employers set to award record pay rises in 2022
Employers have reported that the median basic pay increase in their organisation (excluding bonuses) in the 12 months to December…
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14 February
Pricer names acting CEO
Pricer, the retail technology company which specialises in electronic shelf labels, has appointed Magnus Larsson as its acting CEO. Magnus…
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14 February
Boots bidders given end of month deadline
Prospective bidders for Boots reportedly have until the end of the month to submit their first-round bids in a £7bn…
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11 February
Waitrose boosts partnership with Deliveroo
Waitrose has announced it is expanding its partnership with Deliveroo and will be trialling Deliveroo Hop, the delivery service that…
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11 February
UK GDP rises 7.5% in 2021, largest increase since WW2
The UK economy increased by a “better-than-expected” 7.5% in 2021 to record the “fastest” incline since the Second World War,…
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