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 -22 April
Retail job postings falter as sector partially reopens
The number of job postings in the retail sector fell by –6.9% in the week the industry was allowed to…
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22 April
Kering’s Q1 revenues return to pre-pandemic levels
Luxury fashion group Kering has revealed that its revenues for the first quarter of the year have returned to pre-pandemic…
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22 April
Morrisons launches postcard campaign to tackle loneliness
Morrisons has announced it will be giving away half a million free postcards for children to “spread messages of hope”…
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22 April
Walgreens Boots Alliance launches No7 Beauty Company
Walgreens Boots Alliance (WBA) has announced the launch of No7 Beauty Company, a consumer-led beauty business. The new business launches…
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22 April
Carphone Warehouse closes all sites in Ireland
Carphone Warehouse has announced the closure of all its sites in Ireland with immediate effect. This includes its 69 standalone…
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22 April
Hammerson offloads retail park portfolio for £330m
Hammerson has confirmed the sale of its portfolio of seven retail park assets to Brookfield for £330m cash proceeds, concluding…
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21 April
Ikea owner to invest £3.4bn into renewable energy
Ingka Group, the holding company which owns the majority of Ikea stores has revealed it has invested of €4bn (£3.4bn)…
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21 April
Dixons Carphone appoints sustainability director
Dixons Carphone has announced the appointment of Moira Thomas as director of sustainability and ESG at the group. In the…
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21 April
Argos to close Somerset depot, 230 jobs at risk
Around 230 jobs are reportedly at risk following the planned closure of an Argos distribution site in Bridgewater, Somerset. A…
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21 April
UK inflation rises to 0.7% in March
Rising fuel, clothing and transport helped UK inflation rise to 0.7% in the 12 months to March, up from 0.4%…
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