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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Nov- 2021 -17 November
Amazon to stop accepting Visa credit cards in UK from Jan 2022
Amazon has announced that from 19 January 2022 it will no longer accept Visa credit cards as a payment method…
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17 November
UK retailers suffer one cyberattack every 8 days
The UK’s retailing sector has experienced 44 cyberattacks in the last 12 months – roughly one every 8 days –…
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17 November
Aerie and American Eagle stores to open in Carnaby
Shaftesbury has announced the opening of both Aerie and American Eagle stores in Carnaby. The will both occupy a space…
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17 November
Lidl becomes UK’s highest paying supermarket
Lidl GB has announced plans for its biggest ever investment into colleague wages, making it the highest paying supermarket in…
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17 November
Ethical buyer impacting retail strategies, study finds
The ethical buyer is having a “significant impact” on future retail strategies, according to a new survey from RSM. RSM’s…
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17 November
Tesco bolsters product buying team with new partnership
Tesco has partnered with product sourcing platform RangeMe in a bid to support its product buying teams with better access…
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16 November
Supermarket Income REIT acquires new sites for £73m
Supermarket Income REIT, the real estate investment group, has announced the acquisition of a Sainsbury’s supermarket in Swansea, South Wales,…
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16 November
B&M launches £250m senior secured notes offering
B&M has announced that it intends to raise £250m through a sterling-denominated senior secured notes offer due in 2028. B&M…
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16 November
M&S launches FAO Schwarz partnership
M&S has announced it is launching a new partnership with toymaker FAO Schwarz in 20 stores across the UK and…
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16 November
Footfall begins to see Christmas rise
Footfall in UK retail destinations rose by 1.5% last week from the week before, according to Springboard. However, performance varied…
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