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
Forever New opens first UK store
Australian fashion retailer Forever New has opened its first store in the UK in Meadowhall Shopping Centre, Sheffield. Forever New…
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9 August
Ocado to allow staff to work from anywhere for one month a year
Ocado has reportedly told its staff members that they can now work wherever they want, including abroad, for one month…
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9 August
BT set to poach Asos chairman
The chairman of Asos, Adam Crozier is reportedly planning on jumping ship over to BT to take up the same…
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9 August
Aldi to create more than 2,000 roles before Christmas
Aldi is set to create more than 2,000 new jobs across its UK business between now and Christmas. It comes…
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9 August
Morrisons gives CD&R more time to launch rival offer
Clayton, Dubilier and Rice (CD&R) has been given more time to launch a rival offer for Morrisons. The supermarket asked…
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9 August
Sainsbury’s ends advertising campaign with GB News
Sainsbury’s has announced it will no longer advertise on GB News after facing an online campaign led by activist group…
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9 August
McColl’s plots £30m capital raise
The McColl’s convenience store chain has said it is considering undertaking a capital raise fund to accelerate the expansion of…
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9 August
Kirkstall Bridge shopping park sold for £25.2m
LondonMetric Property has announced that it has sold its retail park, Kirkstall Bridge shopping park, for £25.2m to a UK…
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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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