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 -23 March
Terrys revenue soars 109% YOY
Terrys has reported an overall revenue increase of 109%, to an undisclosed amount, over the last year after seeing a…
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22 March
Browns CEO to move into the role of chair
Browns has announced some managerial changes within the company which included the moving of Holli Rogers, CEO, into the role…
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22 March
Former Ikea execs face prison over espionage allegations
Ikea is appearing in court for allegedly spying on its customers and employees, as two of the group’s former chief…
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22 March
Sunak delays debate for online sales tax until autumn
Chancellor Rishi Sunak will reportedly wait until autumn before deciding whether or not to impose a UK online sales tax…
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22 March
High streets to receive £56m summer gov investment
The government has announced a new £56m investment into UK high streets and seaside towns to ensure a “successful reopening”…
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22 March
Kingfisher full-year profits soar amid DIY boom
Kingfisher has announced that pre-tax profit soared by 44.4% to £786m in the year ended 31 January 2021, following a…
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22 March
Spar International expands anti-food waste collaboration
Spar International has announced it will be enhancing its collaboration with digital platform Gander to further tackle food waste. The…
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22 March
Fred Perry to relocate Manchester flagship
Fred Perry has revealed that it is set to launch a new flagship store on the ground floor of Manchester’s…
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22 March
Iceland spends £150m on deals despite pocketing £40m Covid relief
Iceland’s owners have taken and spent £150m from the supermarket chain since the beginning of the pandemic, despite refusing to…
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19 March
Asda to remove 101 million pieces of single-use plastic from stores
Asda has revealed it will be removing 101 million pieces of single use plastic from its stores each year by…
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