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 -24 June
Poundland owner revenues up 9% in H1
Pepco Group, the owner of Poundland, has welcomed a “positive trading performance” in its H1 results, reporting total revenue growth…
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24 June
69% of young shoppers ‘shop and drop’ online, research finds
Around 69% of consumers aged between 18-24 “shop and drop” online by abandoning their shopping baskets mid-purchase, according to Barclaycard…
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23 June
John Lewis expands furniture rental services
John Lewis has announced that starting next month, it will be expanding its first furniture rental service, doubling the range…
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23 June
Reformation to launch Covent Garden flagship
Sustainable fashion brand Reformation has agreed terms to launch a new London flagship store in Covent Garden. Opening at 27…
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23 June
M&S to focus on equality with new lingerie line
Marks and Spencer has announced the launch of its new ‘Nothing Neutral About It’ lingerie range. The new range is…
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23 June
Superdry to relocate Regent Street flagship
Clothing retailer Superdry is to relocate its London flagship store on Regent Street after agreeing to surrender its lease early.…
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23 June
Joules expects FY21 profits to beat expectations amid sales boost
Joules has anticipated FY21 pre-tax profits to range between £5.5m and £6.5m, making it slightly ahead of its current market…
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23 June
Inc Retail Group announces Tootsa MacGinty acquisition
Inc Retail Group, a part of Inc and Co, has reportedly announced the acquisition of children’s clothing brand Tootsa MacGinty…
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23 June
Asda donates £30k to support Manchester apprenticeships
Asda has announced plans to donate £30k to small businesses across Manchester to help fund 60 apprenticeships in the area.…
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22 June
Travis Perkins Q1 merchanting sales grow 6.3% from 2019
Travis Perkins has announced that its merchanting segment saw total sales between April and May 2021 rise 6.3% when compared…
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