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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Feb- 2021 -18 February
Zalando welcomes new shareholders
Zalando has acknowledged its support of Kinnevik’s decision to distribute all its shares in the retail platform to its investors.…
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18 February
US owners look to sell Lloyds Pharmacy
McKesson, Lloyds Pharmacy’s US-based owner, has reportedly hired bankers to explore the sale of its British operations. According to Sky…
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17 February
Morrisons launches fast-food takeaway in Camden
Morrisons has launched a new fast-food takeaway, named Market Kitchen, at its Camden branch. Market Kitchen will be officially opened…
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17 February
Adidas to sell Reebok to focus on core brand
Adidas has confirmed it is to begin a formal sales process for its Reebok brand as it looks to concentrate…
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17 February
Scottish retailers see business rates relief extended for 12 months
Scottish retail, hospitality, leisure and aviation businesses will pay no rates throughout the next year, under new plans outlined by…
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17 February
Knomo appoints UK country manager
London-based accessories retailer, Knomo has appointed Oliver Strickland as country manager for the UK. In his new role, Strickland will…
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17 February
Westminster Council launches Oxford Street revival initiative
An “ambitious” new framework has been launched by Westminster City Council in a bid to kickstart a “reimagined” Oxford Street…
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17 February
Sainsbury’s distribution centre acquired for £139m
Sainsbury’s distribution unit in Hams Hall has been acquired by Aviva Investors for £139m. The distribution centre which is on…
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17 February
Regulator to rule on Issa Brothers’ Asda takeover
The Competition and Markets Authority (CMA) has set a deadline for 20 April for a decision on the acquisition of…
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16 February
Ebay’s sale of Gumtree sparks concern by CMA
The Competitions and Markets Authority (CMA) has raised concerns that Adevinta’s anticipated £6.5bn purchase of Gumtree from Ebay could lead…
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