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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Sep- 2021 -20 September
Supermarket Income Reit acquires six new sites for £113.1m
Supermarket Income Reit, the real estate investment group, has announced the acquisition of six supermarkets for a total purchase price…
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20 September
JYSK reveals record €4.386bn turnover
JYSK has revealed an all-time high turnover of €4.386bn (£3.754bn) for the financial year from 1 September 2020 to 31…
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20 September
LVMH names Nigo artistic director at Kenzo
Moët Hennessy Louis Vuitton (LVMH) has named Japanese fashion designer and DJ Nigo as the new artistic director of Maison…
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20 September
Gap to return to the UK with new Next partnership
Next has announced that it has finalised an agreement with Gap to manage the business in the UK and Ireland…
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20 September
Morrisons announces ‘zero waste’ stores trial
Morrisons has announced the trial launch of the UK’s first six ‘zero waste’ stores in Edinburgh, which will have the…
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17 September
BIRA calls on gov to appeal card payment fees
British Independent Retailers Association (BIRA) has added its voice to a group of trade bodies appealing for parliament to intervene…
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17 September
Marks and Spencer to close 11 French stores
Marks and Spencer (M&S) has announced the closure of all 11 franchise stores with partner SFH in France over the…
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17 September
Asos announces plans to meet ESG goals by 2030
Asos has announced the launch of its “fashion with integrity” (FWI) 2030 programme, a plan aimed at ensuring it meets…
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17 September
Retail sales fall 0.9% in August, ONS reveals
Retail sales volumes fell by 0.9% in August 2021, marking the second consecutive month-on-month decline, according to the latest Office…
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17 September
Reiss swings to £13.6m FY21 loss
British fashion brand Reiss has announced that it swung to a loss before tax after exceptional items of £13.6m in…
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