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 -3 December
Frasers Group secures £930m in funding
Frasers Group has announced that it has entered into a new term loan and revolving credit facility with its banks,…
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3 December
Retailers welcome proposed tougher sentencing for shopworker abuse
The retail industry has welcomed proposed changes put forward by the government that would see tougher sentencing for those that…
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2 December
Sainsbury’s pledges to help feed 12 million families this Xmas
Sainsbury’s has pledged to help feed over 12 million families this Christmas, with the return of its annual ‘Help Brighten…
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2 December
Thai group closes in on £4bn deal to buy Selfridges
The Weston Family are close to agreeing a deal with Thailand’s Central Group over the £4bn sale of Selfridges. According…
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2 December
Halfords acquires automotive service company for £62m
Halfords has announced the purchase of tyre and automotive servicing company Axle Group Holdings Ltd (National) for a total consideration…
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2 December
Gymshark to open first physical store
Gymshark has announced it is set to open its first ever physical store with a flagship site on Regent Street,…
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2 December
Black Friday fails to boost November footfall
Footfall in UK retail destinations worsened slightly in November to -14.5% from 2019, from -13.4% in October, as Black Friday…
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1 December
JD Sports welcomes new board director
JD Sports has confirmed that Mahbobeh Sabetnia has joined the retailer’s board as a non-executive director. It comes as Heather…
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1 December
Zara owner names new chairwoman
Zara owner Inditex has announced the appointment of Marta Ortega Pérez, the daughter of the company’s founder, Amancio Ortega, as…
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1 December
Sainsbury’s opens new Ludlow site
Sainsbury’s opened its first ever supermarket in the town of Ludlow, welcoming customers through the doors of the brand-new store…
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