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The latest news from the retail industry

Tesco set to reveal higher sales after pandemic boom

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Tesco is expected to post rising sales as its supermarkets stayed open throughout the pandemic. However, the UK’s biggest grocer is also expected to reveal...
Facebook

Facebook removes 16,000 groups trading in fake reviews after watchdog probe

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Facebook has removed more than 16,000 groups trading in fake and misleading reviews following pressure from the UK’s competition watchdog. The Competition and Markets Authority...

John Lewis targets young families with launch of cheaper product range

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John Lewis is to launch a new cheaper range of products amid concerns that the department store giant is not widely seen as “good...

Travel money firm Ramsdens expects small loss as it hopes for return to holidays

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Currency exchange and pawnbroking business Ramsdens has said online jewellery sales soared in the last six months as it prepares for a potential reopening...

Sports Direct owner warns over £200 million Covid-19 hit

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Sports Direct owner Frasers Group has warned it could take a hit in excess of £200 million due to the Covid-19 restrictions – double...
retail technology show

Retail Technology Show to launch at Olympia in 2022

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Nineteen Group, has today announced it has added Retail Technology Show 2022 to its portfolio.  Dedicated specifically for the retail technology sector, Retail Technology...

Morrisons to stop selling plastic carrier bags in shops

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Morrisons has said it will become the first UK supermarket to completely remove plastic carrier bags from its stores. The Bradford-based grocer said customers will...

Co-op repays furlough support but holds onto £66m of business rates relief

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The Co-op has said it will repay the Government £15.5 million it received in furlough support during the height of the pandemic but stopped...

Asos sales soar 24% to nearly £2bn during latest lockdowns

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Online fashion giant Asos has revealed that sales soared during the latest Covid-19 lockdown as high street stores remained closed. Revenues at the retailer jumped...

Dunelm preparing for ‘strong response’ to reopening next week

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Dunelm expects it will slightly outperform market expectations this financial year as it prepares for a Covid-19 rule change which will allow non-essential shops...