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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Aug- 2021 -24 August
Tesco expands soft plastic sustainability initiative
Tesco has launched a new sustainability initiative whereby shoppers at all of Tesco’s large stores will be able to bring back any soft plastic packaging for recycling. The supermarket expects to collect more than 1000 tonnes a year and will “recycle as much of this material as possible” back into…
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24 August
Online grocery sales fall by 10% as in-store sales rise to £7.7bn
UK supermarkets experienced 50 million more in-store visits in the last four weeks ending 14 August 2021 compared with the same period last year, with store sales rising to £7.7bn, according to new data released by NielsenIQ. Nielsen revealed this figure comes at the expense of online grocery sales, which…
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24 August
Boots launches on Deliveroo
Boots UK has announced a new partnership with Deliveroo across 14 pilot stores that will see customers in the selective stores now have access to more than 400 products. The range includes medicines for minor ailments such as coughs and colds, hay fever and mild pain, beauty products including No7,…
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24 August
Hotter Shoes H1 sales climb 25%
Electra Private Equity has revealed that Hotter Shoes’ total sales increased 25% year-on-year in H1 FY22. The footwear retailer also saw UK direct to consumer sales jump 39% year-on-year in the period to July 2021. Hotter’s overall gross margin in the first half of FY22 climbed from 53% in H1…
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24 August
Former Amazon VP joins Ocado as non-executive director
Ocado has announced that former Amazon vice president Nadia Shouraboura will join the group as an independent non-executive director. Shouraboura, who will take up the role at the start of September, will also be a member of Ocado’s nomination committee. Shouraboura joined Amazon in 2004, before exiting in 2012 to…
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24 August
BPF calls for business rates reform
The British Property Federation (BPF) has called on the government to set out a roadmap to annually revalue business rates in a bid to avoid “crippling” high streets, citing that a business rates reform is “long overdue”. It comes as the government’s Business Rates Revaluations Consultation, proposing to introduce more…
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23 August
Currys PC World launches new flexible mobile offering
Currys PC World has announced the launch of its new mobile offering shopping experience, which aims at allowing customers to “take control” when purchasing a mobile plan, device, and accessories. The new offer is rooted in enabling customers to create a flexible approach to mobile ownership, with consumers able to…
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23 August
UK rejects industry demand for EU truck driver visa
The government has reportedly rejected calls to install temporary visas which would allow HGV drivers from the EU to help alleviate the current shortfall of drivers in the UK. According to the Financial Times, ministers rejected the idea put forward by two industry bodies but have backed calls to increase…
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23 August
Morrisons eyes ex-Tesco boss Terry Leahy as chairman
Morrisons is reportedly considering appointing former Tesco boss Sir Terry Leahy as its next chairman if a £7bn takeover bid from Clayton Dublier and Rice (CD&R) is successful. According to The Telegraph, Leahy, who is also a senior advisor to CD&R, is being considered for the role due to his…
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23 August
Gerry Weber appoints first female CEO
Gerry Weber has announced that it has appointed its first female CEO Angelika Schindler-Obenhaus to the group. Schindler-Obenhaus succeeds Alexander Gedat who took over the role on an interim basis in February 2020. She has been a member of the managing board since August 2020 and now forms a dual…
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