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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May- 2021 -26 May
700 Argos jobs at risk of ‘fire and rehire’
Unite Union has revealed that 700 of its members who work at Argos, which is part of the Sainsbury’s group,…
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26 May
Poundland owner debuts on Warsaw Stock Exchange
Poundland owner the Pepco Group has made its debut on the Warsaw Stock Exchange with an implied initial market capitalisation…
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26 May
BRC calls for increased protection as shop worker abuse jumps 7%
The BRC is continuing to push the government for a “statutory offence” for assaulting, threatening, or abusing retail workers, after…
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26 May
The Spar Group sees H1 profits rise 28%
The Spar Group has revealed that its operating profit for the six months ended 31 March 2021 grew 28% to…
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26 May
Supermarket visits rise by 58 million amid vaccine rollout
UK shoppers made 58 million more visits to the supermarket in the most recent four weeks than they did in…
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26 May
Ralph and Russo takeover on the rocks
The sale of womenswear brand Ralph and Russo is reportedly in doubt as businesses are unable to commit due to…
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26 May
M&S to close sites amid £201m loss
Marks and Spencer has swung to a statutory £201m loss in its financial results for the year ended 3 April…
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25 May
BRC calls on government to ‘accelerate use’ of green goods vehicles
The British Retail Consortium (BRC) has written to the secretary of state for transport, Grant Shapps MP, calling on the…
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25 May
Wilko FY21 sales plummet £107m to £1.36bn
Wilkinson Hardware Stores (Wilko) saw its total sales drop 7.3% and £107.2m year-on-year from £1.47bn in FY20 to £1.36bn in…
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25 May
Made.com launches £1bn London IPO
Online furniture retailer Made.com has announced its expected intention to float on the London Stock Exchange for £1bn. Founded in…
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