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 -22 July
17,000 high street stores could open this year, says Barclays
Some 17,000 local high street stores could open within the next 12 months, as customers reportedly “adapt to a post-lockdown…
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22 July
Unilever welcomes rising sales in H1
Unilever has reported an underlying sales growth (USG) of 5.4% year-on-year during the first half of FY21. The growth was…
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21 July
Aldi to donate over a million meals during summer holidays
Aldi has revealed that it will be supporting charities throughout the UK by donating more than one million meals to…
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21 July
Mike Ashley launches high court action over Debenhams collapse
Sports Direct owner Mike Ashley has reportedly gone to the High Court to set aside a settlement agreed with Debenhams…
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21 July
CD&R considering second Morrisons bid
American private equity firm Clayton Dubliner and Rice (CD&R) is reportedly considering making a second bid for UK supermarket chain…
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21 July
Wickes sales surpass pre-pandemic levels in H1
Wickes has revealed that sales have once again surpassed pre-pandemic levels following a strong half-year of trading, as the group…
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21 July
Next upgrades profit guidance
Next has revealed it is raising its profit guidance for the rest of the year after beating its expectations for…
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21 July
MySale returns to profitability in FY21
Online retailer MySale has welcomed a period of ‘excellent progress’ in the full-year ended 30 June 2021, returning to profitability…
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21 July
HMV to open 10 high street sites
HMV, the music and entertainment retailer, reportedly intends to launch 10 new shops across the UK this year. According to…
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20 July
Morrisons kicks off work at new Kirby store
Morrisons has revealed that it has started work on the fitout of its new store in Kirkby which is due…
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