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 -9 August
Levi Strauss acquires Beyond Yoga
Levi Strauss and Co (Levi’s) has announced the acquisition of premium athletic and lifestyle apparel brand Beyond Yoga for an…
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6 August
Morrisons agrees to raised £6.7bn Fortress takeover offer
Morrisons has announced that it has reached an agreement with Fortress Investment Group for a revised takeover offer worth £6.7bn.…
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6 August
Asda chief Roger Burnley completes early resignation
Asda has announced that Roger Burnley has stepped down from his role as chief executive at the group following its…
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6 August
Scottish footfall remains subdued
Figures provided by the Scottish Retail Consortium (SRC) and Sensormatic IQ data. show footfall for retailers is down 27.1% in…
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6 August
Footfall stalls due to ‘turbulent’ July weather, says BRC
Total footfall across the UK declined 28% for the four weeks to 31 July 2021 when compared to the same…
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6 August
Matalan to create 200 jobs as part of Kickstart scheme
Matalan has announced that it will be creating over 200 placements across its business to assist young people in gaining…
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6 August
Sainsbury’s opens new site at York railway station
Sainsbury’s has announced the opening of its newest store, located in York railway station. The group said the store will…
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6 August
Hammerson to redevelop empty retail units for new purposes
Hammerson has announced that it is looking to redevelop its empty retail units, with a medium to long-term view of…
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5 August
Astley Clarke to open flagship London store this Autumn
British jewellery brand, Astley Clarke has announced that it will debut its first UK flagship store at Seven Dials’ Monmouth…
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5 August
Adidas raises FY guidance amid 51% Q2 revenue growth
Adidas has reported a 51% year-on-year growth to group revenues of €5.08bn (£4.33bn) in the second quarter of FY21. The…
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