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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Jul- 2021 -15 July
Kingfisher raises guidance as sales rise 22%
Kingfisher has announced it is raising its guidance for its half-year results after reporting that like-for-like sales in Q2 were…
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15 July
Lidl announces new healthy food commitment
Lidl has announced a new healthy food commitment, which will see the group increase sales of healthy and healthier products…
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14 July
Online spending to hit £120.48bn in 2021
Following a surge in online sales in 2020, UK shoppers are predicted to further increase their spending of online purchases…
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14 July
John Lewis and Waitrose to axe 1,000 jobs across stores
The John Lewis Partnership has announced that John Lewis and its sister company Waitrose are set to cut 1,000 job…
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14 July
Administrators appointed to wind up Arcadia Group
Mazars has been appointed as liquidators of Philip Green’s collapsed retail empire Arcadia Group -with the group looking to “repay…
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14 July
Boohoo expands Debenhams presence in Middle East
Boohoo has announced a new partnership with Alshaya Group to build on the presence of Debenhams in the Middle East…
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14 July
ManoMano raises $355m in Series F funding round
ManoMano, a European marketplace specialising in DIY, home improvement, and gardening, has secured $355m (£257m) in a Series F fundraising…
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14 July
Dunelm raises guidance amid ‘robust’ Q4 sales
Dunelm has raised its full-year guidance following a period of “exceptionally strong” growth post-lockdown, with Q4 sales soaring 101.7%, or…
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14 July
Sainsbury’s recalls vegan lasagne due to ‘traces of meat’
Sainsbury’s has issued a product recall after it was discovered that one of its vegan food items contained meat. In…
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13 July
Seraphine successfully prices IPO at £150m
Seraphine Group, the digitally-led maternity and nursing brand, has successfully priced its IPO’s market capitalisation at £150.2m. Priced at 295…
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