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 -24 March
Amazon to reduce Deliveroo stake at IPO
Amazon’s stake in Deliveroo will fall to 11.5% following the group’s IPO, according to the IPO prospectus. The fall represents…
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24 March
Local shops and online groceries see lockdown retail boom
Online shopping and local retailers have benefited from shifting consumer behaviour during the pandemic, according to new research by Barclaycard…
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24 March
Gov urged to avoid fourth lockdown as Covid claims 67,000 retail jobs
The British Retail Consortium (BRC) has called on the government to take “all necessary precautions” to prevent another lockdown after…
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23 March
Plastic bag fee to increase to 10p from April
All retailers, regardless of how many people they employ, will be legally required to charge customers 10p for a single…
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23 March
End acquired by the Carlyle Group
Luxury, streetwear and sportswear retailer End has announced that the Carlyle Group, a global investment firm, has acquired a majority…
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23 March
Faire launches UK operations
Faire, an online wholesale marketplace, has announced its launch in the UK and Netherlands. Founded in 2017, the provider of…
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23 March
High street footfall rises 4% ahead of lockdown anniversary
Footfall across UK retail destinations rose by +0.5% last week ahead of the one-year anniversary of the first national lockdown…
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23 March
Gov to create hubs to boost international trade
The Department for International Trade (DIT) has announced the creation of four new trade and investment hubs which will channel…
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23 March
Waitrose bans magazines containing plastic toys
Waitrose has announced that it will no longer sell children’s magazines which contain plastic toys – in a bid to…
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23 March
McColls profit dips in FY20 despite rising convenience demand
McColls has announced that its profit for the year ended 29 November 2020 slipped by 4.7% to £300.9m, despite noting…
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