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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Apr- 2021 -13 April
Quiz revenues plummet 66% amid store closures
Quiz has revealed that total revenues plummeted 66% to £39.7m in its FY21 trading update, as the fashion group was…
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13 April
New Look appoints new chief technology officer
New Look has announced the appointment of Ed Alford to the newly created role of chief technology officer (CTO) with…
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13 April
Sainsbury’s expands Deliveroo partnership
Deliveroo has expanded its partnership with Sainsbury’s with a new two year contract, which will allow customers to order grocery…
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13 April
Cake Box sees FY21 sales rise 14.7%
Cake Box, a cream cake retailer, saw like-for-like sales in its franchise stores increase 14.7% year-on-year for the 40 weeks…
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13 April
JD Sports ‘retains profitability’ in FY21
JD Sports has posted a pre-tax profit of £421.3m, before exceptional items, in its financial results for the year to…
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12 April
Hugh Osmond eyes £300m Homebase takeover bid
Hugh Osmond is reportedly one of a number of parties looking to launch a £300m takeover bid for DIY retailer…
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12 April
McArthurGlen opens £160m designer outlet destination
McArthurGlen has announced the opening of a new £160m designer outlet fashion destination in the West Midlands. The centre marks…
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12 April
Hundreds of Bonmarché jobs at risk amid reports some stores may never reopen
Hundreds of jobs at Bonmarché are reportedly at risk as administrators struggle to decide how many stores should open as…
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12 April
Alibaba accepts $2.8bn fine for breaching Chinese competition laws
E-commerce giant Alibaba revealed it has accepted a record $2.8bn (£2bn) fine from the Chinese regulator the State Administration for…
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12 April
John Lewis to suspend store closures
John Lewis has confirmed that it has no plans to close any further stores, according to The Times. Executive director…
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