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.
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Nov- 2020 -12 November
LK Bennett set to launch CVA
LK Bennett has launched a CVA proposal, which will result in five store closures and a small number of job…
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11 November
Homebase hunts for new owners to fund next growth stage
DIY retailer Homebase has reportedly started a search for a new owner as it looks for funding for its next…
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11 November
Amazon accused of breaching EU antitrust laws
Amazon has been informed by the European Commission of its preliminary view that it has breached EU antitrust rules by…
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11 November
Supermarkets launch drive to extend Sunday trading hours
Leaders of the UK’s biggest supermarkets have come together in a fresh drive to extend Sunday trading hours in the…
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11 November
VF Corporation acquires Supreme
VF Corporation has acquired streetwear brand Supreme as part of a definitive merger agreement, valued at $2.1bn. The company’s current…
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10 November
Landsec posts £835m loss
Real estate firm Landsec, which owns the Bluewater shopping centre and a number of other retail destinations, has reported a…
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10 November
New Look completes recapitalisation transaction
New Look has announced the completion of a “comprehensive” financial recapitalisation following the High Court’s sanction of New Look Financing’s…
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10 November
Former Godiva CEO acquires Artisan du Chocolat
Artisan du Chocolat has announced the sale of a majority stake to Mohamed Elsarky, the former president and CEO of…
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10 November
Pre-lockdown boost sees retail sales up 4.9%
UK retail sales increased by 4.9% on a total basis in the four weeks ended 31 October 2020, according to…
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9 November
Pfizer reveals Covid-19 vaccine candidate is 90% effective
A successful Covid-19 vaccine is a step closer after Pfizer/Biontech revealed its vaccine candidate is 90% effective, according to its…
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