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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May- 2022 -9 May
Made.com acquires Trouva to accelerate expansion
Made.com Group Plc has announced the acquisition of Trouva to accelerate the group’s strategic priorities around choice and reach. Trouva…
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9 May
Shop owners to be forced to rent out empty premises
Shop owners in England could be forced to let out premises that have been vacant for over a year, under…
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9 May
Revolution Beauty FY22 sales soar amid Boots partnership
Revolution Beauty has welcomed a “record” Q4 in its latest full-year trading update, attributing the success to its Boots and…
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9 May
West End landlords Shaftesbury and Capco consider £3.5bn merger
The Boards of Shaftesbury PLC and Capital and Counties Properties PLC (Capco) have confirmed they are in advanced discussions regarding…
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9 May
Morrisons close to winning control of McColl’s amid last-ditch bid
Morrisons is thought to have won control of embattled retailer McColl’s after surpassing EG Group in a last ditch effort,…
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6 May
McColl’s collapses into administration, 16,000 jobs at risk
McColl’s has collapsed into administration in a move that places 16,000 jobs at risk, after lenders failed to extend its…
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6 May
Footfall drops again in April
Footfall in UK retail destinations dipped once again in April 2022, falling to -15.9%, down from a decline of -15.3%…
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6 May
Sports Direct opens £10m Birmingham flagship
Sports Direct is opening its latest flagship store in the heart of Birmingham with a 60,000 square feet concept space…
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6 May
Kingfisher appoints chief information officer
Kingfisher has announced the appointment of Chris Blatchford as the company’s new chief information officer (CIO). In his new role,…
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6 May
Retail M&A deal value doubles in Q1 2022
The first quarter of 2022 saw 18 deals completed across the retail sector, the second-highest quarterly level since the start…
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