Board
This coverage highlights board-level developments shaping the UK retail industry, from executive appointments and leadership reshuffles to governance strategy and corporate direction. Retail Sector reports on boardroom changes across major retail brands, supermarkets, and e-commerce operators, analysing how leadership decisions influence company performance, culture, and market positioning. Coverage includes director appointments, succession planning, governance best practices, and strategic decision-making at the highest levels. For retail professionals, these insights illuminate how leadership dynamics drive operational change, investor confidence, and long-term growth across the sector.
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Feb- 2021 -16 FebruaryDIY
Dunelm deputy chair raises ยฃ192m from share sale
Dunelm has announced that Will Adderley, deputy chairman at the home furnishings retailer, has sold 15 million shares in the company, totalling ยฃ192m. Placed at 1,280 pence per share, the ยฃ192m sale represents 7.4% of the issued share capital of the firm. Adderley now directly holds 17.8% of Dunelmโs shares,…
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12 FebruaryClothing & Shoes
Shoe Zone expects to report ยฃ14.6m FY loss
Shoe Zone has announced that ahead of its FY 2020 results, it expects to report a statutory loss before tax of approximately ยฃ14.6m an increase from ยฃ11.3m in 2019. The group also expects to report revenues of approximately ยฃ122.6m, dropping from ยฃ162m the previous year. The increase in the anticipated…
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12 FebruarySupermarkets
Issa brothers junk bond sale raises ยฃ2.75bn
The Issa brothers, Asdaโs billionaire buyers, have raised a record-breaking ยฃ2.75bn through a sterling junk bond, as investors continue to back the UKโs largest leveraged buyout in over a decade. Moshin and Zuber Issa, together with private equity firm TDR Capital, are set to acquire the supermarket chain for ยฃ6.8bn,…
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12 FebruaryOnline & Digital
Amazon investors call for end to anti-union interference
A group of more than 70 Amazon investors are calling on the company to end interference against efforts by its workers to unionise in America, according to the Financial Times. More than 5,800 Amazon employees in Alabama are set to vote in a mail-in ballot; the first time attempt by…
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11 FebruaryPeople Moves
Co-op launches major apprenticeship initiative to improve diversity
Co-op is calling on employers across the UK to help create a ยฃ15m fund that will support the creation of thousands of new apprenticeship opportunities for underrepresented groups.ย The group will pledge an initial ยฃ500,000 towards the fundโs creation, which has been designed for โmaximum reach and flexibilityโ and will…
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10 FebruaryOnline & Digital
Dunelm welcomes โstrongโ H1 as online sales soar
Dunelm has welcomed a โstrongโ performance in its half-year results, with pre-tax profit soaring 34.4% to ยฃ112.4m in the period ended 26 December 2020. Despite ongoing store closures in light of the pandemic, total sales rose by 23% to ยฃ719.4m in H1, up from ยฃ585m the same period the year…
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10 FebruarySupermarkets
Tesco fights shareholder challenge over UK obesity crisis
Tesco is preparing to face a shareholder resolution from a coalition of institutional and retail investors, who are calling on the company to set targets to increase the proportion of healthy products in its sales. Coordinated by NGO ShareAction, the resolution is being supported by seven institutional investors managing over…
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8 FebruaryOnline & Digital
Boohoo snaps up remaining Arcadia brands
Boohoo has confirmed that it has acquired the remaining brands from fallen retail empire Arcadia, in a move that will see the Burton, Dorothy Perkins and Wallis brands added to the online retailerโs portfolio.ย Following a ยฃ25.2m transaction, the group will acquire all of the e-commerce and digital assets of…
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5 FebruaryM&A
French Connection enters takeover talks
Fashion retailer French Connection has revealed it is in takeover talks with two possible suitors.ย In a letter from the board published on Friday 5 February, FC stated that it had been approached by Spotlight Brands and Gordon Brothers International LLCย as well as Go Global Retail and HMJ International…
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4 FebruaryClothing & Shoes
Jigsaw sales down ยฃ31m amid pandemic
Jigsaw, a fashion clothing retailer, has reported a fall in sales of ยฃ31m for 2020 as a direct result of the Covid-19 pandemic. In reports filed by parent company, Robinson Webster, to Companies House, the group revealed that 60% of its revenue had been generated through online channels. While Jigsaw…
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