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 -2 February
THG completes £250m Dermstore deal
Online health and beauty retailer, The Hut Group (THG) has completed the acquisition of Dermstore, a US-based skincare and beauty…
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2 February
Moonpig valued at £1.2bn amid market debut
Moonpig has entered the London Stock Exchange with a market capitalisation of £1.2bn, following the successful pricing of its initial…
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2 February
Pentland Brands signs up 1,200 retailers for online service
Pentland Brands, the owner of brands such as Mitre and Speedo, has announced it has signed up over 1,200 retailers…
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2 February
John Lewis Partnership to provide care packages to NHS workers
The John Lewis Partnership has announced its partnership with the British Medical Association (BMA) to provide frontline NHS workers with…
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2 February
Aldi looks to onboard redundant Arcadia and Debenhams staff
Aldi is calling for those affected by the fall of the Arcadia and Debenhams retail empires to apply for a…
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1 February
New lockdowns edge consumer confidence to near-record low
The final quarter of 2020 saw consumer confidence fall by 1%, to a near-record low -17%, according to the latest…
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1 February
Frasers Group acquires New Look’s Brighton store
Frasers Group has reportedly acquired the freehold of New Look’s Brighton store. According to Drapers, the store located at 188-191…
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1 February
JD Sports set to acquire DTLR Villa for £360m
JD Sports has announced that it has entered into a conditional agreement for the acquisition of 100% of DTLR Villa…
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1 February
BRC chief calls for rates extension as vacancies rise by 13%
Helen Dickinson, chief executive of the British Retail Consortium (BRC) has urged the government to extend business rates relief beyond…
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1 February
Asda prioritises deliveries to support 5,000 nurseries
Asda has announced that it will now be offering priority access to slots in order to support 5,000 nurseries which…
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