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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May- 2021 -18 May
Topps Tiles ‘confident’ despite 2.8% revenue decline
Topps Tiles is remaining “confident” after it saw revenues decline by 2.8% in the six months to 27 March, due…
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18 May
Retail footfall rises 0.5% as shoppers return to high streets
UK retail footfall rose by 0.5% last week, predominantly driven by a 3.9% increase across UK high streets, as shoppers…
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18 May
Westfield owner confirms €1.25bn bond placement
Unibail-Rodamco-Westfield, the owner of Westfield shopping centres, has announced a successful €1.25bn (£1.07bn) bond placement. The two-tranche senior bond offering…
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17 May
Mamas & Papas extends Next partnership
Mamas and Papas, a nursery and childrenswear retailer, has announced plans to extend its concession partnership with Next. The decision…
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17 May
Aldi to trial ‘soft plastic’ collection at select stores
Aldi has revealed that it will be trialling its first collection facilities for soft plastics in select stores in the…
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17 May
Debenhams’ remaining stores close for final time
Debenhams shuttered its last remaining stores over the weekend, ending its 243-year stint on the UK high street. According to…
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17 May
Ralph Lauren offloads Club Monaco brand to private equity group
Ralph Lauren Corporation has announced the sale of its Club Monaco brand to Regent, a global private equity firm, for…
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17 May
Sainsbury’s joins the Black British Network
Sainsbury’s has announced it is joining the Black British Network in a bid to improve the “representation and experiences” of…
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17 May
Amazon to create more than 10,000 new jobs
Amazon has announced that it will create more than 10,000 new permanent jobs in 2021, taking its total UK workforce…
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17 May
Via Outlets reopens entire European portfolio
Via Outlets has announced it has reopened all shopping centres in its 11-strong portfolio, with the Zweibrücken Fashion Outlet in…
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