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 -18 March
Studio names new transformation director amid expansion plans
Online value retailer, Studio.co.uk has strengthened its senior team as it looks to increase its presence with the appointment of…
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18 March
Ocado revenue soars amid ‘dramatic’ shift to online
Ocado has announced that retail revenue soared by 40% in its first quarter ended 28 February 2021, amid a “dramatic…
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18 March
Eve Sleep losses narrow by £10m in FY20
Eve Sleep has revealed that its losses were cut by 83% from £12.1m to £2m in its full-year ended 31…
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18 March
JD Sports completes £360m DTLR deal
JD Sports has formally completed the acquisition of US sportswear brand DTLR for $495m (£360m). According to the group, the…
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18 March
Toys ‘R’ Us acquired by WHP Global
Tru Kids, the parent company of Toys “R” Us, has announced that WHP Global, a brand acquisition and management group,…
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17 March
Jiffy secures £2.6m funding to aid UK launch
Jiffy, a new online supermarket, has raised £2.6m in an initial seed-funding round to support its UK launch. The investment…
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17 March
Laura Ashley to debut Next collection
Laura Ashley has announced it will launch its spring 2021 collection with Next online and in 48 stores. The group…
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17 March
Northern Ireland to allow click-and-collect from 12 April
The Stormont Executive has revealed parts of Northern Ireland’s map out of lockdown which will see non-essential retail click and…
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17 March
New Look faces court battle with landlords over CVA terms
New Look has reportedly entered a High Court battle with four landlords – including British Land and Land Securities –…
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17 March
Scottish retail sales down 22% in February
Scottish retail sales for February fell by 22% against the prior year, the fourth worst monthly performance in the past…
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