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.
-
Jan- 2021 -29 January
Card Factory to receive one month covenant breaches waiver
Card Factory has been issued a one month extension to covenant breaches by banks until 28 February 2021. Earlier this…
Read More » -
29 January
Boohoo confirms exclusive Arcadia talks
Just days after Boohoo confirmed the acquisition of Debenhams, the online retailer has announced it is in exclusive talks with…
Read More » -
29 January
Screwfix reaches £2bn in yearly sales
Omnichannel retailer Screwfix has surpassed £2bn in sales for the year to January 2021, creating thousands of new jobs in…
Read More » -
29 January
Thomas Pink returns to online market despite LVMH sales float
Thomas Pink has announced it is returning to trade, albeit online, after shutting down its website and social media channels…
Read More » -
28 January
Lidl swings to £13.6m after tax loss
Lidl has reported losses after tax of £13.6m for the year ending in February 2020, following the group’s heavy investment…
Read More » -
28 January
January brings -50% sales slump
Retailers in January witnessed the weakest sales month since May 2020, with sales down -50% from the previous month. According…
Read More » -
28 January
Debenhams CEO to step down
Steven Cook is reportedly stepping down from his position as CEO of Debehmans, according to Drapers. Cook joined Debenhams in…
Read More » -
28 January
Retail venture snaps up Knomo
Inc Retail Group, a newly formed arm of the Manchester-based digital brand company Inc and Co, has acquired the bags…
Read More » -
28 January
Hugo Boss appoints new chief sales officer
Hugo Boss has announced the appointment of Oliver Timm as chief sales officer. In his role, he will be responsible…
Read More » -
28 January
ScS reports sales rise in half-year results
ScS has reported a sharp rise in sales in its half-year results due to benefitting from an impressive order intake…
Read More »
