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.
-
Jun- 2021 -29 June
MPs calls for ‘stronger policing’ to protect retail staff
The Home Affairs Committee has called for a “much stronger policing response” to tackle violence and abuse against shopworkers, as well as more support from employers and more prevention work on local high streets. The news follows a recent survey by The Association of Convenience Stores which found that 89%…
Read More » -
29 June
Tesco donates £250k to LGBTQ+ charities
Tesco has said it will donate almost £250,000 to LGBTQ+ charities to celebrate Pride and support the LGBTQ+ community. Tesco will make donations of £80,000 to three different LGBTQ+ charities, including The Albert Kennedy Trust (akt) which helps young LGBTQ+ people who are homeless or living in hostile conditions. The organisation,…
Read More » -
29 June
Revolution Beauty announces AIM float intentions
Revolutionary Beauty Group has announced its intention to trade on AIM in a float expected to take place in July 2021. The beauty products retailer said that the proposed admission will consist of newly issued shares alongside existing shares held by the company’s current shareholders. Jupiter Asset Management has already…
Read More » -
28 June
DFS appoints new non-executive director
DFS Furniture has announced the appointment of Loraine Martins as an independent non-executive director of the company, effective immediately. Martins will be a member of the audit committee, nomination committee, and remuneration committees. Since 2012, she has been the director of diversity and inclusion at Network Rail, which is responsible…
Read More » -
28 June
Allbirds eyes NYSE float
Woolen trainer retailer Allbirds has reportedly tapped a number of banks for an initial public offering (IPO) on the New York Stock Exchange. According to Bloomberg, the company has already contacted Morgan Stanley, JPMorgan Chase, and Bank of America Corp for the float. Seeking to go public as soon as…
Read More » -
28 June
ASDA reduces GHG emissions by 16%
Asda has revealed it has reduced the amount of Greenhouse Gas (GHG) Emissions it produced last year by 16%, according to figures published for the first time. The figures are part of the Streamlined Energy and Carbon Reporting requirements published in Asda Group Limited’s annual report and accounts for the…
Read More » -
28 June
Scottish Grocers Federation partners with Paypoint
The Scottish Grocers Federation (SGF) has announced its new partnership with Paypoint, the instore payment service, which will join a corporate member of the trade association’s board. As part of the partnership, both the SGF and Paypoint will focus on “rebuilding relationships” with other retail partners coming out of the…
Read More » -
28 June
JD Sports snaps up Spanish online retailer
JD Sports had agreed to acquire Deporvillage, a Spanish online retailer focussing on the sale of specialist sports equipment, for €140.4m (£120.4m). The group’s 50.02% intermediate holding company in Spain, entered into a conditional agreement to acquire 80% of the issued shares in Deporvillage SL. Based in Manresa in Catalonia,…
Read More » -
28 June
Burberry CEO to step down
Burberry has announced that Marco Gobbetti will step down as CEO and leave the company after nearly five years at the helm. The board will now begin the search for his successor and anticipate that Gobbetti will remain with the retailer until the end of the calendar year. In that…
Read More » -
28 June
Matalan FY21 losses widen to £118m
Missouri Topco, the owner of Matalan, saw its losses for the 52 weeks ended 27 February 2021 extend to £118.6m, up from £16.7m the previous year. During the period, the fashion and homeware retailer swung to an operating loss of £39.3m, down from £69.3m of operating profits seen in FY20.…
Read More »
