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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Aug- 2021 -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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9 August
Aldi to create more than 2,000 roles before Christmas
Aldi is set to create more than 2,000 new jobs across its UK business between now and Christmas. It comes as the group, which currently has over 920 stores and employs around 38,000 people, said it was “pushing ahead” with plans to open more than one new store a week…
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9 August
Morrisons gives CD&R more time to launch rival offer
Clayton, Dubilier and Rice (CD&R) has been given more time to launch a rival offer for Morrisons. The supermarket asked the UK Takeover Panel, which regulates market activity, to give CD&R more time following the news that rival private equity firm Fortress Investment Group had upped its offer to £6.7bn. …
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9 August
Sainsbury’s ends advertising campaign with GB News
Sainsbury’s has announced it will no longer advertise on GB News after facing an online campaign led by activist group Led By Donkeys. The group ran a series of campaigns and posted a viral social media video that gathered more than 2.5 million views in a bid to put pressure…
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