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 -14 April
Grocery sales boost retail figures in March
New research has found that grocery sales have boosted overall retail sales in March, despite many categories remaining in decline…
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14 April
Tesco profits fall 20% despite rising sales
Tesco has reported that pre-tax profits plunged 19.7% to £825m in its latest full-year results, despite UK like-for-like sales increasing…
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14 April
Landsec collects two-thirds of rent in latest quarter
Landsec has announced that it collected £67m of rent in its latest quarter, two-thirds of the £110m that was due…
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14 April
Naked Wines welcomes new non-executive director
Naked Wines has announced that Darryl Rawlings will join its board as an independent non-executive director. In an announcement, the pure…
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13 April
Boohoo acquires new office in Soho for £72m
Boohoo has announced that it has acquired a new office in Soho for the group’s London-based brands for £72m. The…
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13 April
John Lewis Partnership appoints financial services director
The John Lewis Partnership has announced the appointment of Amir Goshtai as director of financial services at the firm. Commencing…
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13 April
Online sales continue ‘solid’ growth in March
Online retail sales continued to show strong growth in March, soaring 71.7% year-on-year, despite the upcoming end of lockdown and…
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13 April
Quiz revenues plummet 66% amid store closures
Quiz has revealed that total revenues plummeted 66% to £39.7m in its FY21 trading update, as the fashion group was…
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13 April
New Look appoints new chief technology officer
New Look has announced the appointment of Ed Alford to the newly created role of chief technology officer (CTO) with…
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13 April
Sainsbury’s expands Deliveroo partnership
Deliveroo has expanded its partnership with Sainsbury’s with a new two year contract, which will allow customers to order grocery…
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