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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May- 2021 -21 May
Consumer confidence jumps six points in May
Consumer confidence in the UK has increased by six points to -9 in May 2021, according to GfK’s Consumer Confidence Index. The market research company primarily attributed this to the easing of lockdown restrictions and vaccine rollout, which it believes gave the country’s retail sector a much-needed boost. While respondents…
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20 May
Moto Hospitality appoints retail director
Moto Hospitality has announced the appointment of Nikki Rogers as its first retail director, reporting directly to Nick Tatum, the company’s chief customer officer. Rogers previously worked for Blakemore as proposition and food solutions director and before that held various senior leadership roles at BP. Moto is one the UK’s…
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20 May
Sainsbury’s CS&R director Judith Batchelar to step down
Sainsbury’s has announced that Judith Batchelar OBE is to step down from her role as director of corporate responsibility and sustainability (CR&S) and public affairs at the group. Batchelar will remain with the business until November 2021 as an advisory, before departing from Sainsbury’s after 16 years at the firm.…
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20 May
Gymshark names Danielle Petesic as chief product officer
Gymshark, the fitness apparel brand, has appointed Danielle Petesic as its new chief product officer (CPO), taking over the role from founder, Ben Francis. Petesic joins Gymshark after almost four years as Lululemon’s vice president of Product Development, where she was responsible for all product engineering and development of all…
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20 May
Travis Perkins makes formal commitment to disability inclusion
Travis Perkins has formally announced its commitment to disability inclusion after joining The Valuable 500 last year. According to the group, the commitment is part of a “wider strategy” to build a fully inclusive workplace for its 20,000 colleagues who work across its offering . It also extends to the…
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20 May
Co-op partners with Hubbub to expand community fridge scheme
Co-op and environmental charity Hubbub have announced a new partnership to fast-track the expansion of community fridges across the UK, saving a further 6.8 million meals per year from going to waste. Community fridges are open to everyone without any need to be referred or having to prove eligibility to share fresh food…
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20 May
N Brown profits halve in FY21
N Brown, the owner of Simply Be and Jacamo, has seen its pre-tax profits almost halve in the full-year ended 27 February 2021, tumbling 49.4% to £30.1m as the group was hit by the pandemic. In the same period, revenue fell by 13% to £728.8m, and total product revenue was…
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20 May
Mytheresa Q3 sales jump 47.5% to £142m
MYT Netherlands Parent BV, the parent company of luxury fashion and designer firm Mytheresa, saw its net sales for Q3 FY21 rise 47.5% year-on-year to €164.8m (£142.2m). The group’s adjusted EBITDA for the period ended 31 March 2021 more than tripled to €11.1m (£9.58m), up from €3.1m (£2.67m) last year.…
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20 May
Kingfisher raises guidance as Q1 sales soar 60%
Kingfisher has increased its profit forecast for the year after total sales for the first quarter of 2021 came to £3.44bn, resulting in a 60% year-on-year increase. The B&Q parent company saw like-for-like sales grow by 64.2% over the period compared to last year and posted a 22.5% rise when…
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19 May
Vestiaire Collective appoints VP of global marketing and branding
Vestiaire Collective has announced the appointment of Vanessa Masliah as VP of global marketing and branding. She will report to Clara Chappaz, chief business officer and will be based at the company’s Paris headquarters. Masliah brings 20 years of experience leading international marketing and communication for a number of businesses…
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