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 -26 March
Court rules against Asda in equal pay case
The Supreme Court has ruled that Asda’s shop floor staff can be compared to workers in the supermarket’s distribution centre for the purposes of their equal pay claim. Back in January 2019, the Court of Action also ruled that GMB members could compare themselves in this fashion, upholding the rulings…
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26 March
Majestic accelerates expansion with new Beaconsfield site
Majestic, the specialist wine retailer, has opened the doors of a new store in Beaconsfield, Greater London, as part of a wider strategy targeting future growth across the country. The move now puts the total number of stores for the 40 year old retailer at over 200. The retailer revealed…
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26 March
Fat Face reveals it was a victim of a cyber attack
Fat Face has revealed it was the subject of an IT hack on 17 January 2021, where it is believed an “unauthorised third party” accessed staff and customer information. The retailer said following an “exercise involving data analysis and categorisation”, it is now contacting a select number of employees, former…
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26 March
OnBuy hires ex-eBay director as CCO
OnBuy.com has announced the appointment of Mark Lister as its first chief commercial officer (CCO) as part of a series of C-suite hires. Lister brings over 20 years’ commercial experience to the role, including expertise in the e-commerce and marketplace sector built over the past 12 years. Prior to his…
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26 March
LVMH partners with UNESCO for biodiversity commitments
Moët Hennessy Louis Vuitton (LVMH) has revealed a new biodiversity strategy in partnership with the UNESCO MAB (Man and the Biosphere) programme. The group has pledged to limit its impact on ecosystems, in turn rehabilitating five million hectares of Amazon rainforest habitat by 2030. The biodiversity strategy is structured around…
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26 March
Tommy Hilfiger names Alegra O’Hare as CMO
Tommy Hilfiger has appointed Alegra O’Hare as chief marketing officer for Tommy Hilfiger Global. O’Hare brings over 25 years’ marketing experience to the role, having previously worked with global consumer brands such as Adidas, Bang and Olufsen, Champion, Lee and Wrangler. Most recently, she held the position of CMO at…
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26 March
Retail sales begin to recover in February
Retail sales volumes witnessed a partial recovery in February with an increase of 2.1% when compared with the 8.2% fall seen in the previous month, according to the latest figures from the ONS. In total, sales were still down by 3.7% against last year before the impact of the coronavirus…
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25 March
Santander announces 111 branch closures
Santander has announced plans to close 111 of its branches by the end of August 2021, impacting 5,000 jobs and representing another blow to the UK high street. The bank claimed the streamlining of its portfolio is in response to the ongoing shift to mobile and online banking, as the…
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25 March
Foot Locker appoints new executive VP and CFO
Foot Locker has announced the appointment of Andrew E. Page as executive VP and CFO, effective April 12, 2021. Page will join the retailer from Advance Auto Parts, where he served as senior VP chief accounting officer and controller, bringing nearly 30 years of finance and accounting experience in retail,…
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25 March
Tesco lays out new climate ‘manifesto’
Tesco has laid out its climate “manifesto” ahead of this year’s COP26 climate change summit in Glasgow. The supermarket chain has highlighted five areas that it will focus on to improve sustainability, including cutting emissions from energy, transitioning to electric transport, tackling food waste, increasing sustainable food production, and championing…
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