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 -16 February
Virgin Wines set to float £100m for next month
Virgin Wines has announced plans to float on the London Stock Exchange for around £100m. The online wine retailer is…
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16 February
Amazon infiltrated by fake review sites, Which? report finds
A Which? investigation has uncovered a “thriving” industry of review manipulation businesses targeting Amazon, despite ongoing measures to combat fake…
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16 February
Cox and Cox sees FY sales up 75%
Homeware retailer Cox and Cox has reported a “strong” Q4 that saw sales up 85.4% up on the previous year,…
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16 February
Asda to donate 150,000 meals to children over half-term
Asda has announced that it will donate 150,000 meals to children over half-term break to help fight holiday hunger. The…
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16 February
Almost half of consumers shift to online shopping due to covid-19
Almost half of consumers (46%) in 2020 made an online purchase that would have previously been made in-store amid the…
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16 February
Dunelm deputy chair raises £192m from share sale
Dunelm has announced that Will Adderley, deputy chairman at the home furnishings retailer, has sold 15 million shares in the…
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16 February
UK frozen food sales rise by £872m
The pandemic has resulted in a massive sales boost for frozen foods of over £870m, according to a recent report…
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15 February
Coventry Ikea to become national cultural centre
Coventry City Council has announced it is purchasing a former five-storey Ikea story in the centre, with plans to transform…
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15 February
Year-on-year online gift cards and e-vouchers increase by 117%
Year-on-year sales of online gift cards and e-vouchers have increased by 117% during the second half of 2020 as Covid…
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15 February
Government eyes third rent moratorium extension
The government is reportedly drawing up plans to extend the current rent moratorium that bans landlords from being able to…
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