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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Aug- 2021 -10 August
Homebase extends Macmillan Cancer Support partnership grant
Homebase has announced that it has extended its partnership with Macmillan Cancer Support for another three years, with a new aim of working together to provide home-related grants. The grant, which is a one-off payment of £350, will support those affected by cancer, and their families with the extra costs…
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10 August
Spar International to roll out e-commerce platform
Spar International has announced the launch of a fully customisable e-commerce platform to its country organisations and retailers. The move comes as part of the group’s wider worldwide digital transformation strategy, and has been supported in partnership with Naveo Commerce, the end-to-end e-commerce and fulfilment technology provider. The platform is…
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10 August
Harvey Nichols launches luxury resale service
Harvey Nichols has announced it is to start offering a luxury resale service after partnering with specialist company Reflaunt. From 26 August customers will be able to resell luxury handbags, fashion, accessories and watches, through the Reflaunt-run space on the department store’s website. Sellers will then earn up to 80%…
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10 August
Summer holidays boost UK footfall
Footfall across UK retail destinations rose by +1.4% last week against the week before, after a rise of +2.4% in the week before last, as the school summer holidays continued to keep footfall buoyant. Across high streets, the increase in activity was nearly double the overall result at a rise…
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10 August
July sales increase 6.4% but remain below yearly average
On a total basis, sales increased by 6.4% in July, against a growth of 3.2% in July 2020, according to the latest British Retail Consortium (BRC)-KPMG retail sales monitor. Despite the rise in sales, however, the monitor found that this was below the three-month average growth of 14.7% and the…
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10 August
Watches of Switzerland Q1 revenues soar 96.2%
Watches of Switzerland Group has revealed its revenues climbed 96.2% year-on-year to £297.5m for the 13 weeks ended 1 August 2021. Comprising £221.7m in UK revenues and £75.8m from US operations, the Q1 FY22 figure represents a 42.1% jump when compared to the same period in 2019. The group’s luxury…
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10 August
Bira in talks with metro mayors to help retailers post-pandemic
The British Independent Retailers Association (Bira) has said it is involved in discussions with mayors of UK metropolitan cities to discuss “new ways” of supporting independent retailers post-pandemic. The talks, which are being led by the group’s CEO Andrew Goodacre, have been looking at support for reforms to business rates…
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9 August
Forever New opens first UK store
Australian fashion retailer Forever New has opened its first store in the UK in Meadowhall Shopping Centre, Sheffield. Forever New said its collections are a ”unique blend of seasonal trends, feminine silhouettes, and of-the-moment detailing”. The initiative comes after the launch of the retailer’s international website in 19 countries in…
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9 August
Ocado to allow staff to work from anywhere for one month a year
Ocado has reportedly told its staff members that they can now work wherever they want, including abroad, for one month a year. According to The Times, the opportunity has arisen following numerous requests from employees at the online grocer who worked from home during the pandemic. The decision has supposedly…
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9 August
BT set to poach Asos chairman
The chairman of Asos, Adam Crozier is reportedly planning on jumping ship over to BT to take up the same role at the company, according to The Sunday Times. The appointment follows the decision by BT to roll out “full-fibre broadband” to 25 million premises by 2026, having received “favourable…
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