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.
-
Sep- 2021 -1 September
NI Lidl store reopens after £5m investment
A Northern Ireland Lidl store has announced its reopening at Buttercrane Shopping Centre in Newry after a £5m expansion investment.…
Read More » -
1 September
WH Smith anticipates lower profitability for 2022
WH Smith has anticipated that the levels of profitability for the year ending August 2022 will be at the lower…
Read More » -
1 September
US investment firm acquires 10% Boohoo stake
Boohoo has announced that T Rowe Price, a US investment firm, has acquired a 10% stake in the company. The…
Read More » -
Aug- 2021 -31 August
Abercrombie announces ESG senior VP appointment
Global apparel and accessories retailer Abercrombie and Fitch Co has announced the appointment of Michael Lopez as senior VP for…
Read More » -
31 August
Zalando unveils over 50 new brand partners
Zalando has announced that it is expanding its designer category, by signing with over 50 brands and partnering with designer…
Read More » -
31 August
Issa brothers plan to open 300 Asda convenience stores
Asda’s new owners, the Issa brothers’ are reportedly planning to open more than 300 convenience stores under the supermarket’s name…
Read More » -
31 August
Sainsbury’s mulls sale of banking arm to Centerbridge
J Sainsbury is reportedly mulling the sale of its banking arm to US-based private equity firm Centerbridge Partners for a…
Read More » -
27 August
Contactless limit to hit £100 in October
The Government is set to raise the contactless card spending limit from £45 to £100 from 15 October 2021. Initial…
Read More » -
27 August
Gap acquires ecommerce startup Drapr
Gap Inc. has acquired Drapr, an ecommerce startup and online application based on technology that enables customers to quickly create…
Read More » -
27 August
Man charged with food contamination at London grocery stores
A 37-year old man has been charged with contaminating or interfering with goods with intent at three supermarkets in West…
Read More »
