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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Jun- 2021 -15 June
Ikea France fined €1m for staff privacy breaches
Ikea France has been fined €1m (£862,101) after its former CEO, Jean-Louis Baillot, was found guilty of collecting private data…
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15 June
Sunak to reject furlough extension calls despite ‘freedom day’ delay
Chancellor Rishi Sunak is reportedly set to reject calls for an extension of the furlough scheme and business rates report…
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15 June
H&M sales soar 75% in Q2
H&M has reported a quarterly turnover rise from the year before as Covid-19 restrictions continue to ease, despite overall revenue…
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15 June
Boohoo see Q2 revenues surge 32% to £486m
Boohoo has reported a 32% surge in group revenues for the three months to 31 May 2021 from £367.8m to…
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15 June
Very recruits 30 young people via Gov’s Kickstart initiative
The Very Group has announced plans to create 30 new roles as part of the government’s Kickstart scheme to “improve…
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15 June
BNPL spending to reach $1trn by 2026
Global spending through buy-now-pay-later schemes is set to reach $995bn (£705bn) by 2026, up from $266bn (£188bn) in 2021, according…
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14 June
UK Flooring Direct appoints new CCO
UK Flooring Direct has announced the appointment of Elia Green as the new chief commercial officer (CCO). Green was originally…
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14 June
Cox & Cox invests in consumer protection as sales soar
Homeware retailer Cox and Cox has joined the Furniture and Home Improvement Ombudsman (FHIO) amid reported sales growth of 74.5%…
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14 June
Primark to extend Luton site
Primark is set to extend and refurbish its store at The Mall, Luton. As part of the build, the site…
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14 June
UK auction house launches new online store
John Pye, the leading UK auction house, has announced the launch of its brand-new online store. The John Pye Luxury…
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