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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Apr- 2021 -29 April
French Connection FY21 revenue drops 40.4%
French Connection saw its revenues plummet 40.4% year-on-year to £71.5m in the 12 months to 31 January 2021. The fashion…
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28 April
Travis Perkins completes Wickes demerger
Travis Perkins has announced that it has completed the demerger of Wickes Group following an approved shareholders general meeting. Following…
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28 April
Sainsbury’s swings to £261m loss as Covid costs rise to £485m
Sainsbury’s has slumped to a pre-tax loss of £261m, down from a profit of £255m the year before, after it…
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28 April
Shop prices fall in April as non-essential retailers reopen
UK shop prices continued to drop in April as non-essential retailers reopened after lockdown, according to the BRC-Nielsen shop price…
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28 April
Sequential Brands offloads Heelys brand
Sequential Brands Group, the owner of a portfolio of consumer brands in the active and lifestyle sectors, has announced the…
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28 April
Dixons Carphone to scrap airport shopping business
Dixons Carphone is set to close its airport shopping business, just months after the UK government announced plans to remove…
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27 April
Furniture Village appoints new board member
Furniture Village has announced the appointment of Mike Broughton, the group’s IT and business development director, to its board of…
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27 April
Grocery sales rise 5.7%
Take-home grocery sales rose 5.7% for the 12 weeks to 18 April 2021, according to data analytics and brand consulting…
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27 April
Consumer confidence rises due to ‘roadmap’ out of lockdown
During the first three months of 2021, consumer confidence saw a record quarterly rise thanks to the government’s “roadmap” out…
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27 April
Waitrose announces two-year Deliveroo partnership
Waitrose has announced a two-year partnership with Deliveroo, following a successful trial period between the two groups. The deal will…
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