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 -19 May
Tesco to rebrand entire Metro portfolio
Tesco is set to rebrand its entire Metro portfolio, with 89 Metros becoming Tesco Express stores and 58 turning into…
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19 May
Simba reports ‘record’ start to the year
Simba, the London-based sleep technology business launched in 2016, has reported its highest ever Q1 sales and profits. It revealed…
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19 May
UK inflation rate doubles for April
The UK’s annual inflation rate has more than doubled in April 2021, according to recent figures from the Office for…
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19 May
South Gloucestershire Council completes £10m shopping centre purchase
South Gloucestershire Council has revealed that it has completed the acquisition of the Kings Chase Shopping Centre and car park…
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19 May
BMG completes Duchamp acquisition
Brand Machine Group (BMG), a global licensing firm, has announced the acquisition of luxury UK men’s clothing and accessories company…
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19 May
Asos eyes Feelunique and Cult Beauty takeovers
Asos is reportedly eyeing a potential takeover of two major online beauty platforms in a bid to further expand into…
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19 May
Dunelm sees sales soar by 59% following reopening
Dunelm has reported a 59% increase in sales in the seven weeks ending 9 May, despite only being able to…
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18 May
M&S reshuffles senior exec team amid new COO appointments
M&S has announced a reshuffling amongst its senior management team with both Katie Bickerstaffe and Stuart Machin becoming joint chief…
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18 May
ABG approaches Adidas with £700m Reebok bid
Adidas has reportedly been approached by Authentic Brands Group with a $1bn (£704m) offer to buy global footwear brand Reebok.…
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18 May
Shoe Zone reports £2.6m loss as revenues fall 40%
Shoe retailer Shoe Zone has reported a loss before tax of £2.6m for the six month period ending 3 April.…
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