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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Mar- 2021 -31 March
H&M swings to £92m pre-tax loss in Q1
H&M has announced it has swung to a pre-tax loss of SEK 1.1bn (£92m) in its first quarter trading update…
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31 March
Retail leaders call for ‘Shop Out to Help Out’ scheme
The Save the Street campaign, supported by the British Fashion Council and retail expert Mary Portas, is calling for the…
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31 March
Carpetright owner acquires Carpet and Flooring
Nestware Holdings Limited (NHL) has announced it has acquired Carpet and Flooring (C&F) for an undisclosed sum. NFL, which is…
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31 March
Chairman of Eve Sleep to step down
Paul Pindar, the chairman of Eve Sleep, has announced his decision to step down from the role. Pindar, who has…
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31 March
Asda ends George sale rumours
Asda has reportedly revealed that it will not sell off its George clothing division, as it instead intends to invest…
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30 March
Watches of Switzerland signs lease for new Trafford Centre store
The Watches of Switzerland Group has announced it has signed a new 10-year lease with The Trafford Centre, for a…
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30 March
Grocery sales growth slows in Q1 2021
Grocery sales reportedly rose 7.4% during the 12 weeks to 21 March 2021, representing a slowdown in growth as sales…
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30 March
Relaxing of restrictions boosts retail footfall by 6.6%
Footfall across UK retail destinations increased by 6.6% last week from the week before, according to the latest data from…
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30 March
Studio appoints new CEO
Studio Retail Group has announced the appointment of Paul Kendrick as its new company CEO. The group manages market leading…
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30 March
Former M&S CIO joins Asda
Asda has confirmed that Marks and Spencer’s chief information officer (CIO) Carl Dawson will join its team, also as CIO.…
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