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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Mar- 2021 -30 March
SKG targets £20m retail acquisition spree
SKG Capital, the owner of bedding and linen retailer Julian Charles, has announced that it is looking to invest £20m in retail and consumer firms across the next 12 months. The acquisitions will target retailers that the pandemic has adversely impacted, with the intentions to turn the businesses around in…
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29 March
Aldi stores to supply National Lottery
Aldi has announced that it has partnered with Camelot to offer the National Lottery across its entire 900-store UK portfolio. Commencing in April 2021, the supermarket group will provide all of the National Lottery’s draw-based games at its checkouts. The move follows a trial in the north of England, and…
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29 March
Sainsbury’s to remove 18.5m plastic straws
Sainsbury’s has announced it will be removing 18.5 million plastic straws from its own brand lunchbox juice cartons from circulation each year, equating to a 6.6 tonne plastic reduction. The announcement is the latest step by the retailer which is part of its ongoing commitment to reduce its use of…
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29 March
Victoria Plum sees 46% increase in sales to £103m
Online bathroom retailer Victoria Plum has announced that its sales rose by a record 46% to £103m for the year ended 28 February 2021. In addition, the Doncaster headquartered business added that its EBITDA increased by 115% to £4.5m. Over the same period, the company grew its headcount from 349…
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29 March
Extended retail opening hours to continue post-lockdown
The extended daily opening hours for non-essential retail are set to continue in a bid to encourage people back to the highstreet, according to the government. Communities secretary Robert Jenrick said the move will “help ensure the safe re-opening of non-essential shops by giving people greater flexibility to avoid peak…
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29 March
Jessops files for administration
Camera retailer Jessops has filed a notice to appoint administrators following continued impacts of the ongoing lockdown restrictions. The firm’s owner, PJ Investment Group, has hired the restructuring advisor FRP to handle the process, and has also revealed that it is considering a company voluntary arrangement (CVA) in a bid…
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29 March
Nisa cuts retail prices as part of £2m investment
Nisa has announced that it will invest £2m into cutting wholesale prices. The grocer, which is a subsidiary of the Co-operative group, said the move would allow its “partners to remain competitive”. According to Nisa, the investment has reduced the wholesale price of many Co-op own brand products, including chicken…
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29 March
Garry Weber appoints new CEO
Garry Weber has announced the appointment of Angelika Schindler-Obenhaus as CEO, whose role will take effect from the end of the corporation’s 2021 annual general assembly. Schindler-Obenhaus will succeed her predecessor Alexander Gedat, who assumed the role temporarily in February 2020. She has been a member of the board since…
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26 March
Leaked documents indicate Amazon was aware of urination scandal
A leaked memo to Amazon delivery staff showed that the group explicitly told its workers to avoid urinating in bottles and defecating in bags while on duty, despite denials it made on Thursday (25 March). According to documents seen by the Intercept, Jen Snyder, in-road area manager at Amazon, told…
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26 March
Argos to provide £500,000 to customers, amid CMA warranty findings
Argos has announced it will provide over £500,000 to customers who may have missed out on a cheaper extended warranty deal. The retailer was recently investigated by the CMA and has agreed to fix the way it sells extended warranties to customers and provide a “goodwill gesture” to those who…
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