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- 2021 -8 December
JYSK welcomes ‘record’ FY21 profits in UK&I
Danish furniture and home furnishings brand JYSK has announced record results in the UK Ireland during the financial year 2020/2021,…
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8 December
Fortnum and Mason appoints new chief operating and innovation officer
Fortnum and Mason has appointed Iain Robertson to the newly created role of chief operating and innovation officer. Robertson will…
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7 December
Harrods strike averted after pay rise victory
Planned strike action at Harrods has been averted after the luxury department chain offered its restaurant staff a pay rise…
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7 December
Consumer spending rises 16% in November
Consumer spending grew by 16% in November as early festive pursuits boosted retail, hospitality and leisure, according to the latest…
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7 December
Over 300 Spar stores shut following cyber attack
More than 300 Spar stores have been forced to temporarily close after a widespread cyber attack hit the group’s IT…
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7 December
Footfall shows signs of Omicron hesitancy
Footfall rose by only 0.7% in UK retail destinations last week against the week before, according to new data from…
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7 December
Harrods launches new partnership with Klarna
Luxury retailer Harrods has announced a new partnership with Klarna, a global retail bank, in a bid to offer customers…
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6 December
Boots owner mulls £10bn sale of chain
Walgreens Boots Alliance (WBA) is reportedly in talks with Goldman Sachs to discuss the potential disposal of the UK chemist…
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6 December
Tesco set for Christmas shortages amid strike action
Tesco shoppers in many parts of the UK “face empty shelves” in the run-up to Christmas as members of Unite,…
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6 December
Sustainability ‘falls down agenda’ for retailers, report finds
Sustainability is less important now than it was a year ago for a quarter (24%) of retailers, while 8% say…
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