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 -15 February
Made.com explores £500m stock floatation
Made.com is exploring options for a potential stock market floatation worth £500m, according to Sky News. The online retailer is…
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15 February
Bravissimo secures multi-million pound investment
Bravissimo, a lingerie retailer, has secured a multi-million pound funding package from NatWest to upscale its online presence. Currently an…
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15 February
Burberry to repay £6m in business rates relief
Burberry has voluntarily agreed to repay around £6m in business support to the Treasury, following the business rates holiday designed…
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15 February
Asda to donate £2m to help fund apprenticeships
Asda has announced that in celebration of National Apprenticeship Week, it will donate £2m to small businesses to help fund…
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15 February
Arcadia asset sale gives pension holders new hope
Workers who were saving pensions at Sir Phillip Green’s Arcadia Group have reportedly been told that their savings can be…
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12 February
John Lewis donates over 5000 items to families in need
John Lewis partnership has announced it has donated nearly 5000 items of warm clothing to families in need as the…
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12 February
Shoe Zone expects to report £14.6m FY loss
Shoe Zone has announced that ahead of its FY 2020 results, it expects to report a statutory loss before tax…
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12 February
Boohoo seeks larger London office following acquisition spree
Online fashion retailer Boohoo is reportedly seeking a larger London office following its recent acquisition spree that saw its purchases…
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12 February
UK suffers record 9.9% GDP slump
GDP declined by 9.9% in 2020, a figure which is more than double of what was recorded in 2009 after…
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12 February
Issa brothers junk bond sale raises £2.75bn
The Issa brothers, Asda’s billionaire buyers, have raised a record-breaking £2.75bn through a sterling junk bond, as investors continue to…
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