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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Jun- 2021 -17 June
Gov extends rent moratorium for another nine months
Stephen Barclay MP, the chief secretary to the Treasury, has announced the government’s extension of the rent moratorium for an…
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17 June
Halfords profits soar in FY21 amid cycling boom
Halfords has welcomed a “strong” year of trading, as pre-tax profit soared by 72.3% to £96.3m in its preliminary results…
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17 June
Oxford Circus to be transformed into ‘pedestrian piazzas’
Oxford Circus will be transformed into two, “pedestrian-friendly piazzas” as part of plans unveiled by Westminster City Council and The…
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17 June
Victorian Plumbing market cap valued at £850m upon IPO
Victorian Plumbing, the online retailer of bathroom products and accessories, has revealed its market capitalisation upon admission to trading on…
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16 June
Aldi to expand Scottish presence with 20 new locations
Aldi has announced it is on the lookout for 20 new store locations in Scotland as it moves to expand…
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16 June
Issa Brothers given green light for £6.8bn Asda takeover
The Competition and Markets Authority (CMA) has accepted the Issa Brothers offer to sell 27 of their 395 EG Group…
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16 June
Westfield owner names Caroline Puechoultres as CCO
Unibail-Rodamco-Westfield (URW), the owner of Westfield, has announced the appointment of Caroline Puechoultres as chief customer officer (CCO) at the…
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16 June
UK inflation hits 2.1% as clothing prices rise
Inflation in the UK rose to 2.1% in May, up from 1.5% in April, according to the latest figures from…
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16 June
ScS upgrades FY21 outlook amid ‘strong’ trading
ScS has announced that it now expects its full year performance for FY21 to be ahead of market expectations, following…
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16 June
Asda opens ‘biggest refill zone’ in York
Asda has announced plans to open its biggest refill zone to date in York in October. The zone will feature…
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