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 -4 March
Capri names Alejandro Martinez-Galindo as CIO
Luxury fashion group Capri Holdings has announced the appointment of Alejandro Martinez-Galindo as chief information officer at the group. Commencing…
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4 March
Aldi to invest £22m in London expansion
Aldi has announced it is set to invest more than £22m in new and upgraded stores across London and within…
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3 March
Budget 2021: Chancellor unveils new £65bn support package
Chancellor Rishi Sunak has outlined a new £65bn support package in his March budget, confirming the decision to extend the…
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3 March
Abercrombie and Fitch sales fall 5% in Q4
Abercrombie and Fitch has announced that net sales in the fourth quarter ended 31 January, 2021 slumped by 5% to…
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3 March
NI Executive reveals phased lockdown exit plan
Ministers for Northern Ireland’s devolved government have announced phased plans to take the country out of its current lockdown restrictions.…
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3 March
Shop prices continue to fall in February
Shop prices continued to fall in February, down 2.4%, marking the lowest deflation rate since May 2020. According to the…
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3 March
Kering backs Vestiaire Collective in £154m investment round
Vestiaire Collective, a global platform for second-hand fashion, has announced the completion of a £154m investment round, backed by Gucci’s…
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3 March
Grocery sales soar 15% in February
Grocery sales rose by 15.1% in February, the fastest rate of growth since June 2020, as UK consumers continued to…
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3 March
Sunak to extend furlough scheme until September
Chancellor Rishi Sunak is expected to extend the furlough scheme until September as part of his March Budget which will…
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2 March
Dobbies’ FY20 turnover soars to £235m
Dobbies Garden Centres has reported a pre-pandemic turnover of £235m for the 53 weeks ended 1 March 2020, a year-on-year…
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