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 -28 June
ASDA reduces GHG emissions by 16%
Asda has revealed it has reduced the amount of Greenhouse Gas (GHG) Emissions it produced last year by 16%, according…
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28 June
Scottish Grocers Federation partners with Paypoint
The Scottish Grocers Federation (SGF) has announced its new partnership with Paypoint, the instore payment service, which will join a…
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28 June
JD Sports snaps up Spanish online retailer
JD Sports had agreed to acquire Deporvillage, a Spanish online retailer focussing on the sale of specialist sports equipment, for…
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28 June
Burberry CEO to step down
Burberry has announced that Marco Gobbetti will step down as CEO and leave the company after nearly five years at…
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28 June
Matalan FY21 losses widen to £118m
Missouri Topco, the owner of Matalan, saw its losses for the 52 weeks ended 27 February 2021 extend to £118.6m,…
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28 June
Greggs sales ‘stronger than anticipated’ post-lockdown
Greggs has revealed that the level of sustained sales recovery is “stronger than anticipated” since its previous trading update, adding…
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25 June
Sainsbury’s to roll out new recycling system in 520 stores
Sainsbury’s has revealed that it will be rolling out a new recycling system in 520 of its supermarkets, allowing customers…
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25 June
Nike Q4 revenues surge 96% to £8.85bn
Nike saw its revenues spike 96% year-on-year to $12.3bn (£8.85bn) for the three months ended 31 May 2021. The group…
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25 June
Long-term WFH may damage ‘perfectly good’ retailers, says BIRA CEO
A permanent working from home post-lockdown model could damage “perfectly good” businesses, according to the British Independent Retailers Association’s (BIRA)…
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25 June
Consumer confidence remains stable despite restrictions delay
Consumer confidence remained stable at -9 in June despite the government’s recent announcement to delay the easing of Covid-19 restrictions,…
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