News
News is Retail Sector’s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.
Retail Sector’s news coverage focuses on the business realities behind the headlines — providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.
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Sep- 2021 -15 September
Inflation sees biggest jump on record in August
UK inflation saw its largest jump since records began in August, as the rate spiked to 3.2% in a 12 month period, up from 2% year-on-year in July. Despite the rate soaring past the Government’s 2% inflation target, the Office for National Statistics’ (ONS) claimed that this “is likely to…
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15 September
Sainsbury’s to close all stores on Boxing Day
Sainsbury’s has announced it will keep all of its supermarkets, convenience stores and petrol filling stations closed on Boxing Day. It is the first grocer to announce the decision. Sainsbury’s said the decision to keep all stores shut has been made in recognition of the “extraordinary efforts of colleagues throughout…
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14 September
Ocado Q3 retail revenues damaged by fire
Ocado Retail, the joint venture between Ocado Group and Marks and Spencer Group, saw Q3 FY21 revenues fall 10.6% year-on-year as its Erith CFC fire disrupted operations. However, the £517.5m in group revenues still represented a 54% two-year spike for the 13 weeks ended 29 August 2021. The group reported…
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14 September
Dobbies Garden Centres opens new London store
Dobbies Garden Centres has announced that it has opened its second London-based store located on Chiswick High Road. The opening is the fourth little Dobbies to open in the last year, following the success of the first three stores in Edinburgh, Bristol and, most recently, Westbourne Grove in Notting Hill.…
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14 September
Footfall declines 4.2% despite signs of office return
Footfall in UK retail destinations declined by -4.2% last week from the week before, despite Central London starting to show signs of an office return for workers, according to the latest data from Springboard. The greatest declines occurred in shopping centres and retail parks, down -7.7% and -4.7% respectively, but…
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14 September
Made.com sees H1 losses narrow to £10.1m
Made.com has revealed that it has narrowed its pre-tax losses for the six-months period ending 30 June 2021 to £10.1m from £15.2m the prior year. During the period, revenues grew 61% to £171m from £106.3m and was boosted by a “strong’ second quarter. Despite the ongoing supply chain issues, gross…
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14 September
Nisa celebrate’s 1,000th store opening
Nisa’s 1,000th store has opened its doors to shoppers in Haverstock, Camden. The store offers a large range of fruit and vegetables, with multiple food-to-go and coffee options in its corner location. The new 1,800 sq. ft. store employs 12 members of staff and is open from 8:00am – 11:00pm…
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14 September
JD Sports H1 profits soar to £440m
JD Sports has seen its profits before tax and exceptional items soar to £439.5m in H1 FY21, up from £61.9m in the same period of FY20 and £158.6m in FY19. The sports fashion retailer reported a 52.7% year-on-year climb in group revenues to £3.89bn in the 26-week period ended 31…
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13 September
Waitrose expands vegetarian range to meet growing demand
Waitrose has announced an expansion to its vegan and vegetarian ranges to satisfy growing demand with the launch of two new ranges, Plantlife and GoVeggie. The products, which form part of the recently launched Holistic Living brand, launched on 8 September with more products coming in October 2021. The launch…
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13 September
Sainsbury’s set to acquire 13 sites from property investment firm
Sainsbury’s is set to acquire the freehold of 13 stores it currently leases from property investment firm Supermarket Income Reit. The deal, which was revealed in an update from Supermarket Income Reit in regards to its joint venture with British Airways Pension Trustees Limited, revealed that Sainsbury’s had exercised a…
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