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 -22 September
Superdry partners with Oxfam on sustainability drive
Superdry has announced that it will be partnering with Oxfam to offer ‘Give Back’ boxes in stores to donate pre-loved…
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22 September
Vestiaire Collective completes £154m funding round
Vestiaire Collective, the global pre-owned fashion platform, has announced the completion of a $210m (£154m) funding round. Led by Softbank…
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21 September
Asda launches first refill store in Scotland
Asda has announced that it has introduced its first refill store in Scotland as part of its drive to reduce…
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21 September
Aldi to trial its first checkout-free store in London
Aldi has announced it is trialling new checkout-free technology at one of its London stores. It said the technology is…
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21 September
M&S invests £20m in technology fund amid digital push
Marks and Spencer has committed over £20M to a technology fund managed by True, as the retailer aims to continue…
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21 September
Home DIY boosts Kingfisher H1 profits to £677m
B&Q owner Kingfisher, has revealed that for the six months ending 31 July 2021, statutory pre-tax profits increased 70.6% to…
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21 September
Convenience stores see sales outperform UK supermarkets
Grocery spend at UK convenience stores increased by +3.3% in the last four weeks ending 11 September 2021 – outperforming…
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21 September
Four in five shops to shut without business rates reform, says BRC
Some 83% of retailers would reportedly be forced to close shops without the introduction of a business rates reform as…
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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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