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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Feb- 2021 -22 February
Poundland owner to open 400 new stores despite dent to profits
Poundland owner the Pepco Group has announced plans to open 400 stores this year despite posting a drop in profits…
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22 February
BPF names NewRiver CEO as chair of retail board
The British Property Federation (BPF) has appointed Allan Lockhart, CEO at real estate investment trust NewRiver REIT, as chair of…
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22 February
John Lewis to shutter up to eight stores
John Lewis is reportedly considering the closure of up to eight of its stores in a bid to further cut…
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22 February
Aldi crowned UKโs favourite in-store supermarket by Which?
Aldi has been named the UKโs favourite in-store supermarket in Which?โs annual satisfaction survey.ย According to the consumer organisation, Aldi…
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22 February
Shoe Zone finance director steps down
Shoe Zone has announced that Peter Foot, its finance director, has left the company with immediate effect. The board has…
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22 February
Asos relaunches Topshop online following sale
Asos has officially relaunched Topshop on its website after acquiring the high street fashion retailer for ยฃ295m earlier this year…
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19 February
NewRiver JV with Bravo Strategies acquires The Moor
NewRiver has announced its joint venture with Bravo Strategies has exchanged contracts to acquire retail estate The Moor from CEP…
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19 February
NI extends lockdown until 1 April but click and collect widened
The Stormont Executive has announced it will extend the current lockdown restrictions in Northern Ireland until 1 April. However, first…
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19 February
Sunak to delay review of business rates until autumn
Chancellor Rishi Sunak is set to reveal that he will delay a final report on the review of business rates…
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19 February
Retail sales tumble 8.2% in January despite online boom
Retail sales tumbled by 8.2% in January despite rising online sales, as stores were hit by heightened restrictions amid the…
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