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- 2021 -17 August
Grocery sales fall 4% as pre pandemic habits return
Grocery sales fell by 4.0% during the 12 weeks to 8 August 2021 compared with the same time last year as consumers have started to return to pre-pandemic spending habits, according to the latest figures from Kantar. In the shorter term, Kantar found sales are declining much more slowly: by…
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17 August
Co-op appoints new executive innovation chef
The Co-op has appointed David Llewelyn as their new executive innovation chef. He will guide the culinary direction for the store’s convenience and wholesale food businesses, and will oversee product creation for the Co-op’s brands, including its GRO vegan and top-tier Irresistible ranges. Llewelyn joins Breige Donaghy, Co-op director of…
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17 August
Unemployment falls to 4.7% as job vacancies hit record high
UK unemployment fell to 4.7% for the quarter to 30 June 2021, a drop of 0.2% when compared to the previous three month period. According to the ONS, this was coupled by a 0.3% rise in the UK employment rate to 75.1% in the same period, closing the gap with…
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17 August
Post Office and DPD partner for ‘click and collect’ services
The Post Office and DPD have announced a new partnership that will see parcels delivered directly to its branches for click-and-collect services, opening up its network to external carriers for the first time in its 360-year history. The service will initially be available at around 250 Post Offices this month…
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17 August
Asos confirms exit of chairman Adam Crozier
Asos has confirmed the exit of chairman Adam Crozier, as the head jumps ship to take up the same role at telecommunications company BT. In a statement made to investors, the online retailer said that Crozier informed the board that he “intends” to step down from the position he served…
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17 August
Poundland taps into schoolwear market with new range
Poundland has tapped into a new market with its back-to-school range which launched this week. The new range offers schoolwear essentials such as polo shirts from £1, trousers and skirts from £3 and a seven sock pack from £2. The group became a one of the UK top 20 clothing…
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16 August
Rip Curl appoints new CEO
Rip Curl, the retailer of surfing sportswear, has announced the appointment of Brooke Farris as chief executive officer. The news follows the previously announced promotion of Michael Daly from this role to group chief executive officer and managing director of Kathmandu Holdings Limited. Farris will report directly to Daly within…
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16 August
Origin’40 to launch 50 new UK sites by 2023
Origin’40, a CBD specialist retailer, has announced its plans to launch 50 UK sites by the end of 2023. Having opened three stores earlier this year, located in Chiswick, Portobello Road and Putney, the retailer said it is now eyeing more London sites including Islington and Camden. The group will…
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16 August
M&S to grow ‘brands at M&S’ portfolio by six
Marks and Spencer has named six additional clothing and footwear brands that will become available via the group’s website within the coming weeks. Albaray, Celtic and Co, Craghoppers, Fat Face, Frugi, and Jones Bootmaker will be stocked as a part of the retailer’s plans to “curate a platform of brands”…
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16 August
Cox & Cox sees Q2 sales rise 54%
Online homewares retailer Cox & Cox has reported that sales have risen 54% year-on-year in Q2, and are 104% on year-to-date. The number of orders also increased, up 41.9% year-on-year. Outdoor sales also remained strong despite the early sales in Q1, with stock generally pre-selling before containers arrived as customers…
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