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 -10 March
Adidas reports strong finish to 2020 but warns of Reebok sales hit
Adidas has reported a “strong finish” to 2020, however warned that its profits may be impacted by its decision to…
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10 March
Pandora posts 12% organic growth in February
Luxury jewellery retailer Pandora has reported a year-on-year organic growth of 12% for February 2021. The month also represented a…
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10 March
M&S reveals redevelopment plans for flagship store
M&S has announced a proposal to redevelop its flagship Marble Arch store on Oxford Street as part of its Never…
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9 March
UK retail sales up 9.5% in February, says BRC-KPMG
Like-for-like UK retail sales increased 9.5% last month against February 2020, according to the latest BRC-KPMG retail sales monitor, which…
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9 March
Kingfisher to expand B&Q to Saudia Arabia
Kingfisher has announced that it has signed a franchise agreement with the Al-Futtaim Group to expand B&Q in the Middle…
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9 March
WH Smith lockdown trading exceeds expectations
WH Smith has revealed that the group has delivered a “better than expected performance” during the latest lockdown period. According…
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9 March
Online retail sales up 70% in February
Online retail sales reportedly increased 69.5% year-on-year in February 2020, as Boris Johnson’s ‘roadmap’ out of lockdown supported consumer confidence.…
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9 March
Consumer spending falls 13.8% in February
Consumer spending fell 13.8% year-on-year in February as lockdown restrictions continued, yet some sectors were able to bounce back, according…
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9 March
DFS revenues jump 17.3% in half-year results
DFS Furniture has announced its revenues increased by 17.3% to £572.6m in the 26 weeks to 29 December 2020, due…
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9 March
M&S launches online business in 46 overseas markets
M&S has announced that its online international operations will expand to over 100 markets as it launches in 46 new…
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