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 -3 June
BRC warns of future price rises despite 0.6% fall in May
Shop prices fell 0.6% year-on-year in May, the slowest rate of decline since February 2020 as the British Retail Consortium…
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3 June
Indoor hospitality reopening fails to boost May footfall
The reopening of indoor hospitality has failed to give a significant boost to high street footfall, according to Springboard’s May…
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3 June
B&M profits rise 108% to £540m
B&M has reported a 107.7% increase in profit before tax to £540.1m for the FY period ending 27 March 2021,…
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3 June
Capri names Jenna A. Hendricks as chief people officer
Capri Holdings Limited, a global fashion luxury group, has announced the promotion of Jenna A. Hendricks to senior vice president,…
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3 June
Grosvenor takes minority stake in Roland Mouret
Property Group Grosvenor Britain and Ireland has revealed that it has taken a minority stake in Roland Mouret, the luxury…
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3 June
JD Sports to sell Sports Unlimited Retail for £14m
JD Sports is set to offload one of its subsidiaries for €16.5m (£14.2m), after agreeing to the sale of Sports…
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2 June
Lands’ End celebrates Pride month with rainbow capsule collection
Lands’ End has announced its latest support towards the LGBTQ+ community with its first rainbow capsule collection in celebration of…
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2 June
Etsy to acquire Depop for over $1.6bn
Etsy, the two-sided online marketplace operator, has announced its acquisition of the community-led fashion resale marketplace Depop for $1.625bn (£1.15bn).…
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2 June
Amazon to become UK’s largest retailer by 2025, study finds
Amazon is to overtake Tesco as the UK’s largest retailer within the next four years, with UK sales expected to…
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2 June
Two-thirds of retailers face legal action in july over rents, warns BRC
Two-thirds of retailers have been told by landlords that they will be subject to legal measures from July, once the…
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