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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Jun- 2021 -7 June
Sainsbury’s expands Neighbourhood Hub stores
Sainsbury’s has announced the expansion of its Neighbourhood Hub stores initiative across the UK. The new format is a food-led extension of the supermarket chain’s convenience offering, with sites in Woodhall Spa, Midhurst and Bishop’s Waltham As part of Sainsbury’s latest endeavour, a series of upgrades have taken place to…
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7 June
Tesco and Carrefour end purchasing alliance
Tesco has revealed that it will not be extending its purchasing alliance with the French multinational retail corporation, Carrefour. Having commenced the three-year operational framework in 2018, the two firms have agreed to discontinue the buying partnership from 31 December 2021. The agreement had been signed in 2018 in a…
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4 June
CVC acquires co-control of BAPE
Private equity firm CVC Capital Partners has acquired co-control of the Japanese fashion brand, A Bathing Ape (BAPE), for an undisclosed sum. The investment follows BAPE’s privatisation of IT Limited by Brooklyn Investment, which is owned by CVC and the founder group of IT, on 30 April 2021. Through the…
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4 June
Global Fashion Group becomes carbon neutral
Global Fashion Group (GFG) has announced that it has become carbon neutral across its operations and outbound deliveries. The retail group, which operates brands such as H&M, Bershka and Missguided, uses 100% green energy across its nine fulfillment centres in Latin America, the CIS, Southeast Asia, Australia and New Zealand.…
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4 June
Tesco staff win ‘landmark ruling’ in equal pay case
Tesco workers have won a legal battle for equal pay following a “landmark ruling” from the Court of Justice of the European Union (CJEU). Represented by Leigh Day, roughly 50,000 majoritively female shop floor workers had filed the case in a bid to gain equal pay with their mostly male…
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4 June
M&S unveils new cafe concept at Solihull Sears store
Marks and Spencer has opened its first new look M&S Café at its new Solihull Sears store as part of its “transformative store renewal programme”. Located at Sears Retail Park in Solihull, the new café is a “test and learn” renewal concept in hospitality for the retailer. The new format…
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4 June
Fashion and lifestyle sales almost double in May
Lifestyle and fashion retailers recorded strong performances through the first full month of post-lockdown activity with sustained online sales helping to bolster overall growth, according to BDO’s latest High Street Sales Tracker (HSST). BDO revealed that the lifestyle category saw total like-for-like sales reach their highest result on record, as…
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4 June
End commercial rents stalemate, urges CBI
The CBI has urged occupiers and landlords of commercial properties to collectively take “decisive” action to address commercial rent challenges on the path towards a full economic reopening. Whilst it believes most tenants should resume paying rents as normal when emergency legislation protecting from evictions and statutory demands ends on…
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4 June
MaxiSaver to open 20 more stores this year
MaxiSaver has announced plans to open another 20 stores this year, in a move that is set to create hundreds of jobs. The retailer opened eight stores throughout the Midlands since August last year with its first store in Hinckley’s Britannia Centre, creating approximately 100 jobs so far. The retailer…
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3 June
Geek Retreat ‘on track’ to open 60 new stores by end of 2021
Geek Retreat has revealed that it is on track to open 60 of its planned 100 new stores on high streets by the end of 2021, creating 360 jobs around the UK. The franchise, which opened its first store in Glasgow in 2013, now has 27 stores, with the latest…
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