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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Jul- 2021 -13 July
British Land welcomes rising rent collection
British Land has announced that following the latest quarter date for rental payments on 24 June, it has recorded higher…
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12 July
Cath Kidston appoints new CCO
Cath Kidston has announced that Suzanne Egleton has been appointed as chief commercial officer (CCO) in a newly created role…
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12 July
Lidl commits to carbon neutrality by 2022
Lidl has announced a range of climate initiatives, including plans to become carbon neutral by 2022. Revealed as part of…
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12 July
Quiz sales hit £17.3m amid online boost
Fashion retailer Quiz has revealed that total sales for the period between 1 April 2021 to 30 June 2021 hit…
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12 July
Footfall flatlines in June
Footfall from shoppers in the UK plateaued despite social distancing restrictions remaining largely the same, according to new data from…
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12 July
L Brands approves Victoria’s Secret separation
L Brands has announced that it has approved the previously announced separation of Victoria’s Secret into an independent, publicly traded…
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12 July
Nordstrom acquires minority stake in Topshop brands
ASOS has formed a joint-venture with Nordstrom, which will see the US department store chain invest in a minority interest…
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12 July
Klarna acquires shopping platform Hero
Klarna has announced the acquisition of the social shopping platform Hero, introducing the platform to its 250,000 retail partners across…
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9 July
Co-op to launch ‘extensive’ recycling scheme in 1,500 stores
Co-op has announced that it will launch its most “extensive” in-store recycling scheme in 1,500 stores this month (July) and…
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9 July
Morrisons CEO to discuss takeover with business secretary
The CEO of Morrisons is to meet with business secretary Kwasi Kwarteng next week to discuss the potential takeover of…
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