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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Feb- 2020 -17 February
M&S warns landlords it may close loss-making stores
Marks and Spencer has reportedly warned landlords that it will shutter loss-making stores, in a move that may see the…
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17 February
West country vacancy rates hits double-digits in 2020
The west country has seen the largest increase in retail vacancy rates in the UK, rising from 9.6% in 2016…
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17 February
Adidas to appoint Thomas Rabe as new chairman
Sportswear brand Adidas has said in a statement it intends to appoint Thomas Rabe as its new chairman, following a…
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14 February
UK food and grocery market set to be worth £174bn by 2024
The UK food and grocery market is set to grow by 15% between 2019 and 2024 to £174.5bn, according to…
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14 February
M&S to shutter two distribution centres putting almost 700 jobs at risk
Marks and Spencer has announced plans to shutter two of its distribution centres in spring 2021, putting nearly 700 jobs…
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14 February
Aldi ups bag for life prices amid new plastic bag reduction initiatives
Aldi has launched new initiatives to reduce the volume of plastic bags sold in its stores and to provide reusable…
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14 February
Frasers Group backs BRC’s calls for government review of business taxes
Frasers Group has backed the campaign by the British Retail Consortium (BRC) and 52 other retailers calling for the government…
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13 February
Forever 21 rescued by landlords in £62m deal
Two of Forever 21’s largest landlords have reportedly been given the go-ahead to acquire the company out of bankruptcy in…
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13 February
Retail footfall bounces back in January after quiet December
Footfall in non-food stores in the UK fell by just 0.5% year-on-year in January according to Ipsos Retail Performance’s latest…
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13 February
Majestic Wines appoints new CFO
Specialist drinks retailer Majestic Wine has announced the appointment of Alex Jablonowski as its chief financial officer. Jablonowski joins from…
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