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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Aug- 2021 -23 August
Asos hunts for fifth warehouse to improve delivery capacity
Asos is reportedly planning to open a fifth warehouse in continental Europe in a bid to improve its home delivery…
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20 August
M&S ups full-year guidance as revenues rise 10%
Marks and Spencer has seen an upturn in its profit outlook during the 19 weeks up to 14 August, and…
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20 August
Asda to stock Missguided brand through new partnership
George at Asda has launched a partnership with online fashion brand Missguided that will see the brand be sold in…
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20 August
Morrisons accepts £7bn offer from CD&R
Morrisons has revealed it has accepted a new £7bn offer from US private equity firm Clayton, Dubilier and Rice (CD&R).…
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20 August
Retail sales growth slows in July
Retail sales volumes fell by 2.5% between June and July 2021, as rainy weather and last month’s ‘pingdemic’ dampened demand…
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19 August
Highland Spring Group chief exec Les Montgomery to step down
Highland Spring Group have announced today that Les Montgomery has decided to retire from his full-time role as chief executive. …
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19 August
M&S launches food range in 150 new countries
M&S has announced a partnership with worldwide export platform British Corner Shop, enabling customers in over 150 countries to purchase…
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19 August
Global Fashion Group sees profits soar to €183.7m
Global Fashion Group (GFG), the owner of ecommerce platforms such as The Iconic and Zalora has reported gross profits of…
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19 August
John Lewis to launch ISA accounts for customers
John Lewis has announced that it is set to launch savings accounts for customers through a new partnership with digital…
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18 August
Angling Direct sees 19.5% H1 revenue rise
Angling Direct, the fishing tackle and equipment retailer, saw revenues rise 19.5% year-on-year to £38.4m in H1 FY22. The figure…
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