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.
-
Jul- 2021 -6 July
Reiss opens new store in London’s St Pancras
Reiss has revealed it is celebrating its 50th anniversary year with a “positive outlook on bricks-and-mortar retail” by opening a…
Read More » -
6 July
Sainsbury’s raises FY22 guidance amid rising sales
Sainsbury’s has raised its full-year guidance for the financial year ended March 2022, with its underlying profit-before-tax now expected to…
Read More » -
6 July
Usdaw ‘slams’ lifting of restrictions in shops
Usdaw has “slammed” the government’s announcement that it plans to lift safety measures in stores once the final Covid restrictions…
Read More » -
6 July
Asda names KFC executive as COO
Asda has confirmed that KFC’s chief marketing officer, Meghan Farren will join the group as chief customer officer (COO) in…
Read More » -
6 July
M&S launches 25p banana bundles to reduce waste
Marks and Spencer has announced the launch of its new banana waste reduction scheme. The waste reduction scheme is to…
Read More » -
6 July
Ocado H1 revenues jump 21.4% to £1.3bn
Ocado Group’s total revenues jumped 21.4% year-on-year to £1.32bn for the 26 weeks ended 30 May 2021. The end-to-end grocery…
Read More » -
5 July
Bestway FY20 losses climb 32% to £8.2m
Bestway Group, the owner of Bargain Booze, Wine Rack, and Central Convenience, saw its FY20 losses climb over 32% year-on-year…
Read More » -
5 July
Asda confirms hybrid working model for colleagues
Asda has confirmed that it will introduce a permanent hybrid working model for head office colleagues once social distancing restrictions…
Read More » -
5 July
Hema to close its six UK stores
Dutch homeware retailer Hema has announced it has decided to close all six of its UK stores and exit the…
Read More » -
5 July
JD Sports completes DTLR Villa transfer for £364m
JD Sports has announced that it has completed the transfer of retail group, DTLR Villa, which is an existing 98.6%…
Read More »
