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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May- 2021 -12 May
Young shoppers main drivers of high street footfall, data finds
Millenials are the primary drivers of high street footfall in the UK since non-essential retail stores in England reopened on…
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11 May
Aldi supports fishing industry with new seasonal range
Aldi has announced it will be launching a new range of seasonal fish from Thursday 13 May 2021 in a…
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11 May
OnBuy adds raft of new staff members
OnBuy has added 32 new staff members across multiple departments at the firm, as the group continues along its recruitment…
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11 May
Pret to trial stores inside Tesco supermarkets
Pret a Manger is reportedly set to trial opening stores located inside Tesco supermarkets in a bid to attract a…
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11 May
Morrisons predicts stronger profits amid sales surge
Morrison’s has predicted that net debt for the year will be no higher than pre-pandemic levels and that profit before…
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11 May
Hotel Chocolat reports Easter revenue boost
Hotel Chocolat has reported a year-on-year revenue increase of 60% over the eight weeks to 25 April, attributed to the…
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11 May
Joules raises full-year guidance amid ‘encouraging’ trading
Joules has announced it has raised both its revenue and pre-tax profit guidance after being “encouraged” by recent momentum across…
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11 May
THG announces $1bn capital raising
The Hut Group (THG) has announced a capital raising of roughly $1bn (£708m) to support the continuation of the group’s…
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10 May
PM confirms further easing of restrictions from 17 May
Prime minister Boris Johnson has confirmed that indoor hospitality can return next week as the government moves ahead with the…
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10 May
JTF Central eyes 50-shop UK portfolio
Discount retail chain JTF Central is set to open 50 high street sites across the UK, following its upcoming debut…
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