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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Apr- 2021 -6 April
Non-essential retail reopening confirmed by PM
Non-essential retail and outdoor hospitality has been given the green light to reopen on 12 April, as the prime minister announced that the government intends to keep to the next stage of the lockdown roadmap. Outdoor hospitality and “significant” parts of the indoor economy will now reopen after data confirmed…
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6 April
Tesco adds 250 new food donation points
Tesco has announced plans to install more than 250 new food donation points at its Superstores and Tesco Extra stores throughout the country. According to the grocer, the food donations made by shoppers will be given to Trussell Trust food bank or FareShare – a charity network aimed at relieving…
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6 April
Waitrose names Emma Isaac as marketing head
Waitrose has announced the appointment of Emma Isaac as the group’s new head of brand marketing and marketing planning. Isaac’s most recent role was brand marketing director at NatWest Group, while she has also held a senior marketing position at Barclays. Commencing her career at British Airways, Isaac then formed…
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1 April
Topps Tiles H1 2021 revenues hold steady
Topps Tiles, a tiling retailer, saw its total revenues for the 26 weeks ended 27 March 2021 fall 2.4% year-on-year to £103.6m. However, included in the group’s first half financial results was a 2% retail like-for-like sales growth over the period. This was mainly attributed to the 19.9% year-on-year increase…
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1 April
John Lewis Partnership appoints non-executive director
The John Lewis Partnership has announced that Nish Kankiwala will join the board as a non-executive director. Kankiwala will succeed Laura Wade-Gery who will step down from the board when her term ends on 30 April 2021. Kankiwala will bring 40 years’ experience in retail and consumer brands such as…
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1 April
Boots UK sees Q2 profits fall 9.2% as sales drop by almost a fifth
Boots UK has revealed that gross profits decreased 9.2% for the second fiscal quarter ended 28 February reflecting lower retail sales and pharmacy volumes. Comparable retail sales for the pharmacy chain’s UK division also saw a decrease of 17.9% as the group continued to be impacted by lower footfall due…
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1 April
VF Corp shuffles EMEA leadership team
VF Corporation, the parent company of retail brands such as Vans, Timberland and North Face, has revealed several new appointments to its EMEA leadership team. Andreas Olsson, who has been present at the company since 2009, has been appointed regional general manager for Dickies and Massimo Ferrucci has been appointed…
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1 April
Next raises guidance despite seeing profits halve
Next has increased its forecasted profits for 2022 by £30m, despite seeing its profit before tax falling 53% year-on-year to £342m for the year ended January 2021. The decline in profits was driven by store closures throughout “a significant portion” of the period, as total group sales dropped 17% to…
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1 April
IB Group expands Vimto partnership
IB Group has announced it is expanding its partnership with Vimto, the UK sweet brand. The UK’s largest confectionery distributor is set to become the sole License holder, distributor and developer of Vimto products. The group is behind many of the country’s leading home confectionery brands, such as Hancocks, World…
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Mar- 2021 -31 March
Co-op’s Matt Atkinson to step down
The Co-op has announced that Matt Atkinson is stepping down from his role as chief customer and membership officer at the group. Atkinson will leave the position at the end of June 2021, following a four year stint that saw him unify the business around the Co-op brand and position…
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