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.
-
Jan- 2022 -24 January
Sainsbury’s creates chief transformation officer role
Sainsbury’s has promoted Graham Biggart to the newly created role of chief transformation officer, and he will join the operating…
Read More » -
24 January
Morrisons begins hunt for new CEO
The new owner of Morrisons, private equity firm Clayton Dublier & Rice (CD&R), has reportedly started its search for a…
Read More » -
24 January
2021 footfall found to be 31% lower than in 2019
Footfall across all UK retail destinations was –31.1% lower than in 2019, but up from -39.1% in 2020, with retail…
Read More » -
24 January
Retail sales rebound but challenges remain, data finds
The reopening of the economy post-lockdown led to a rebound in sales for FTSE Retailers but warnings have been issued…
Read More » -
24 January
Bradford chosen for UK’s first sustainable high street scheme
Bradford has been chosen as the location for the UK’s first Green Street pilot scheme, which aims to help small…
Read More » -
24 January
Wickes appoints chief financial officer
The Wickes Group has announced the appointment of Mark George as chief financial officer (CFO), effective no later than 20…
Read More » -
21 January
The Works H1 sales rise 30.6% to £116.1m
The Works has announced its revenues increased by 30.6% to £116.1m in the 26 weeks ending 31 October 2021 (H1…
Read More » -
21 January
N Brown EBITDA to come in at lower end as revenues remain flat
Fashion and homeware retailer N Brown has revealed it expects its group revenues to remain relatively flat for FY22, increasing…
Read More » -
21 January
December retail sales dented by Omicron
Retail sales across the UK were dampened by the impact of Omicron last month, as volumes of sales fell by…
Read More » -
21 January
Hugo Boss hails 51% rise in sales amid ‘record’ quarter
Hugo Boss has reported its revenues increased year-on-year by 51% to €906m (£757m) in the fourth-quarter (Q4) of 2021, with…
Read More »