News
News is Retail Sector’s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.
Retail Sector’s news coverage focuses on the business realities behind the headlines — providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.
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Oct- 2021 -4 October
Boohoo appoints sustainability expert to board
Boohoo has appointed sustainability expert Kirsty Britz to its board as the latest non-executive director, with effect from today (4 October). She will become a member of the audit and risk committees on appointment. The online retail giant said her appointment brings additional expertise to the board, particularly in areas…
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1 October
Tesco to launch InPost partnership across estate
Tesco has announced a new nationwide partnership with out-of-home and e-commerce delivery company InPost, which will see InPost’s automated parcel machines (APMs) deployed across Tesco’s entire large-format store estate in the UK. The new rollout is set to reach up to 500 large-format sites by the end of November, and…
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1 October
New West End Company unveils £5bn investment into London’s West End
The New West End Company, which represents 600 businesses on Oxford Street, Regent Street, Bond Street and in Mayfair, has announced details regarding a collective planned £5bn capital investment into London’s West End. It revealed the investment is to be spread across 22 existing and new West End developments, aimed…
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1 October
AO World hit by ‘challenging’ supply chain issues in H1
AO World has warned that growth in the first half of 2021 has been impacted by the ongoing shortage of delivery drivers and supply chain issues affecting markets across the globe. The online electrical retailer reported a revenue growth of just 5% for the six months ended 30 September 2021,…
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1 October
M&S enters partnership with Maro Itoje for new menswear collection
Marks and Spencer has announced a new partnership with England rugby player Maro Itoje for its latest menswear collection. According to the retailer, Itoje is set to “front” the collections for autumn 2021, where he will showcase a “versatile” range of products across M&S collection and autograph. It revealed the…
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1 October
Briscombe Retail Park sold for £1.35m
Briscombe Retail Park has announced that it has been sold to a local private property company for £1.35m. Savills completed the sale on behalf of VCD Asset Management, with the price reflecting a net initial yield of 5.63%. The multi-let retail park comprises 3,847 sq ft of accommodation and is…
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1 October
Sainsbury’s launches biggest ever Christmas recruitment drive
Sainsbury’s has announced it will hire 22,000 seasonal jobs across the UK this Christmas, it’s largest ever seasonal recruitment drive. It said there will be 14,500 Sainsbury’s and Argos roles available in stores, including 500 customer and Trading manager positions, 3,000 online delivery driver positions on offer as well as…
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Sep- 2021 -30 September
Boohoo profits dented in H1 despite ‘record’ sales
Boohoo has welcomed “record” first-half sales of £976m in the six months ending 31 August 2021. Despite this, profitability was slightly dented with adjusted EBITDA down by 5% to £85.1m. The group claimed that profitability was impacted by a number of “cost headwinds” driven by short-term factors largely relating to…
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30 September
M&S resets its sustainability programme
Marks and Spencer has reset its Plan A sustainability programme, with the company now focusing on “becoming a net zero Scope 3 business across its entire supply chain and products by 2040”. The retailer has set out a roadmap to net zero using “science-based targets aligned to the UN ambition…
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30 September
Amazon targets 20,000 new seasonal staff
Amazon has announced its aim to recruit 20,000 seasonal positions across the UK for the festive season. The firm has said its seasonal roles are in addition to the 55,000 permanent employees Amazon has in the UK, offering “competitive” wages and benefits. This year already, Amazon revealed it has created…
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