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 -10 June
Ted Baker delays FY results amid further Covid-19 disruption
Fashion retailer Ted Baker has delayed the release of its full-year results for a third time due to the impact…
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10 June
Card Factory swings to £16.4m loss in 2020
Card Factory has reported a pre-tax loss of £16.4m for the full-year ending 31 January 2021, down from £65.2m profit…
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10 June
Kingfisher unveils carbon reduction targets
Kingfisher has announced its new carbon reduction targets, which are consistent with reductions needed to keep global warming at 1.5°C.…
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10 June
DFS FY21 revenues climb 10.4%
DFS Furniture has revealed its revenues increased by 10.4% during the first 49 weeks of FY21 when compared to FY19…
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10 June
CMA could investigate Amazon over data fears
The CMA is reportedly planning to launch a formal competition investigation into Amazon, following a similar investigation launched by the…
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10 June
Aldi introduces ‘Prevented Ocean Plastic’ packaging across fish range
Aldi has announced that it is introducing packaging made with ‘Prevented Ocean Plastic’ across its entire range of own-label fishcakes…
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9 June
RSM retail head calls for ‘more flexible furlough scheme’
Jacqui Baker, head of retail at RSM, has called for a more “flexible furlough scheme” to allow retailers to “manage…
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9 June
May sees online retail sales fall 9.1%, latest data reveals
Online retail sales fell 9.1% year-on-year last month compared with 2020 which saw a growth of 61% according to the…
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9 June
LVMH launches £26m global support fund for employees
LVMH has announced the launch of its Heart Fund, a global emergency and support fund for its 150,000 employees, with…
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9 June
Aldi’s ‘price match’ complaint against Tesco dismissed by ASA
Aldi’s complaint against Tesco’s ‘price match’ campaign has been dismissed by the Advertising Standards Authority (ASA). The German grocer launched…
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