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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Apr- 2021 -9 April
Uniqlo owner sees H1 profits rise 13.7%
Uniqlo’s owner Fast Retailing saw its profit before income taxes climb 13.7% year-on-year to Y171.5bn (£1.1bn) for the six months…
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9 April
JD Sports, Frasers Group and Amazon eye Topshop flagship
A number of retailers have reportedly expressed interest in purchasing Topshop’s former flagship store, including JD Sports, Amazon and Frasers.…
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9 April
Total UK footfall decreases by 69%, BRC tracker finds
Total UK footfall decreased by 68.7% in March (Yo2Y), marking only a 4.9% improvement from February, according to the latest…
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9 April
Boohoo continues expansion with new warehouse deal
Boohoo has announced that following an exchange of contracts, it has agreed a long-term lease for a new warehouse in…
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9 April
Frasers warns of £200m lockdown hit
Mike Ashley’s Frasers Group has warned that it expects to take a hit in excess of £200m due to the…
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9 April
Asos to raise £500m to aid global expansion
Asos has announced its intention to raise £500m via the placing of senior unsecured guaranteed convertible bonds through its wholly…
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9 April
OnBuy hires new CFO
OnBuy has announced the appointment of James Watts as its new chief financial officer. Watts brings 12 years of experience…
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8 April
Weird Fish expands e-commerce operations
Lifestyle clothing brand Weird Fish has announced a shift in its sales channels to expand its online operations, following an…
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8 April
Debenhams to reopen its stores one last time
Debenhams has announced that it will reopen its stores in England and Wales on 12 April to complete its final…
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8 April
Co-op to repay £15m furlough relief as profits rise to £77m
The Co-op has revealed it will repay £15.5m of the Covid relief it received from the government’s furlough scheme but…
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