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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Dec- 2021 -14 December
Footfall slows as impact of Plan B begins to show
Overall, footfall across UK retail destinations declined by -1.1% last week, wholly driven by a -2.7% drop in activity in…
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14 December
Nike acquires RTFKT brand
Nike has announced it has acquired RTFKT, a brand that reportedly uses “cutting edge innovation” to deliver next generation collectibles…
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13 December
Dunelm signs £185m credit deal linked to sustainability
Dunelm Group plc has announced the signing of a £185m sustainability-linked unsecured revolving credit facility (“RCF”). It revealed the deal…
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13 December
JD Sports set to concede to watchdog in Footasylum battle
The trainer and sportswear retailer JD Sports looks set to concede defeat in its battle with the takeover watchdog the…
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13 December
Online sales plummet in November
Online retail sales recorded their lowest ever growth in the month of November – falling by 19.8% Year-on-Year (YoY), according…
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13 December
Frasers Group launches £70m share buyback
Frasers Group has announced that it intends to launch a new share buyback scheme for a purchase price “no greater”…
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10 December
Primark trading ‘ahead of expectations’ despite supply issues
Associated British Foods (ABF), the owners of Primark, has revealed that trading for the year to date is set to…
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10 December
Plan B to ‘significantly’ impact footfall, report finds
There will reportedly be a significant impact on footfall in UK retail destinations following the government’s announcement regarding Plan B,…
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10 December
B&M to pay £250m to shareholders
B&M has announced that its board will pay out a total of £250m to shareholders after declaring a special dividend…
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10 December
Urban Outfitters strengthens board of directors
Urban Outfitters, a lifestyle products and services company which operates a portfolio of global consumer brands, has announced the expansion…
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