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.
-
Feb- 2021 -25 February
Amazon tops annual list of global retailers with $1.63tn market cap
Amazon has topped the list of the top 25 global retailers with a £1.15bn ($1.63tn) market cap for the year…
Read More » -
24 February
Puma reports 9.1% sales rise in Q4
Puma has reported a 9.1% sales increase in its financial results for the fourth quarter of 2020. The bulk of…
Read More » -
24 February
Angling Direct sees revenue soar by 27%
Fishing tackle and equipment retailer Angling Direct is expecting to report a 27% increase in revenue to £67.6m for the…
Read More » -
24 February
Chancellor expected to extend furlough until May
Chancellor Rishi Sunak is expected to announce a further extension to the government’s furlough scheme until May in his Budget…
Read More » -
24 February
Scotland to reopen non-essential retail from 26 April
First minister Nicola Sturgeon has announced that non-essential retailers in Scotland will be able to reopen from 26 April. Sturgeon…
Read More » -
24 February
Gap battles landlords in bid to shutter stores
Gap is reportedly battling its landlords ahead of plans to “hand back the keys” to all its UK stores this…
Read More » -
24 February
British Land appoints new non-executive director
The British Land Company has announced the appointment of Loraine Woodhouse as a non-executive director, with effect from 1 March…
Read More » -
24 February
Home Bargains 2020 turnover soars to £2.8bn
TJ Morris, the owner of discount retailer Home Bargains, has reported an annual turnover of £2.8bn for the year ended…
Read More » -
23 February
GMB slams Arcadia collapse scandal
GMB has criticised the “scandal” regarding the collapse of retail group Arcadia, revealing that the taxpayer will have to pay…
Read More » -
23 February
Footfall rises for fifth consecutive week
Footfall across UK retail destinations rose by 6.8% last week against the week before, marking the fifth consecutive week of…
Read More »
