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.
-
Mar- 2021 -10 March
Evans Cycles to axe 300 roles
The Mike Ashley-owned Evans Cycles is reportedly set to axe more than 300 roles across the business as Frasers Group…
Read More » -
10 March
In The Style raises £49m ahead of float on AIM
In The Style has announced its plans to float on admission (AIM) in the stock exchange after raising £49m in…
Read More » -
10 March
Adidas reports strong finish to 2020 but warns of Reebok sales hit
Adidas has reported a “strong finish” to 2020, however warned that its profits may be impacted by its decision to…
Read More » -
10 March
Pandora posts 12% organic growth in February
Luxury jewellery retailer Pandora has reported a year-on-year organic growth of 12% for February 2021. The month also represented a…
Read More » -
10 March
M&S reveals redevelopment plans for flagship store
M&S has announced a proposal to redevelop its flagship Marble Arch store on Oxford Street as part of its Never…
Read More » -
9 March
UK retail sales up 9.5% in February, says BRC-KPMG
Like-for-like UK retail sales increased 9.5% last month against February 2020, according to the latest BRC-KPMG retail sales monitor, which…
Read More » -
9 March
Kingfisher to expand B&Q to Saudia Arabia
Kingfisher has announced that it has signed a franchise agreement with the Al-Futtaim Group to expand B&Q in the Middle…
Read More » -
9 March
WH Smith lockdown trading exceeds expectations
WH Smith has revealed that the group has delivered a “better than expected performance” during the latest lockdown period. According…
Read More » -
9 March
Online retail sales up 70% in February
Online retail sales reportedly increased 69.5% year-on-year in February 2020, as Boris Johnson’s ‘roadmap’ out of lockdown supported consumer confidence.…
Read More » -
9 March
Consumer spending falls 13.8% in February
Consumer spending fell 13.8% year-on-year in February as lockdown restrictions continued, yet some sectors were able to bounce back, according…
Read More »
