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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May- 2021 -5 May
Sosandar appoints Steve Dilks as CFO
Sosandar, the online women’s fashion brand, has announced the appointment of Steve Dilks to the company’s board as chief financial…
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5 May
And So To Bed returns to profit in FY20
And So To Bed, a luxury bedroom furniture retailer, returned to a £330,000 profit for FY20, recovering from a £108,000…
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5 May
UK retail footfall hit by bad weather
New data from Springboard has revealed that footfall at UK retail destinations dropped by 2% last week from the previous…
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4 May
M&S names Andrew Shaw as head of BWS
Marks and Spencer has announced the appointment of Andrew Shaw as the group’s head of beers, wines, and spirits (BWS).…
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4 May
PM announces new £1bn trade agreement with India
Prime minister Boris Johnson has announced a new £1bn trade agreement with India which will create more than 6,500 UK…
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4 May
WH Smith mulls takeover of Dixons Carphone’s airport stores
WH Smith is reportedly eyeing up a takeover of Dixons Carphone’s airport stores, after the electronics business closed 35 of…
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4 May
Loaf explores £70m sale
Furniture retailer Loaf has reportedly begun exploring a potential sale of the business that could value the business at around…
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4 May
USDAW praises Ikea for continuation of living wage commitment
Ikea has been praised by the Union of Shop, Distributive and Allied Workers (Usdaw) for its continued commitment to be…
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4 May
Frasers Group to launch £60m share buyback scheme
Mike Ashley’s Frasers Group has announced that it is set to commence a £60m shares buyback scheme commencing today (4…
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4 May
Topshop starts £420m sale of London flagship store
Topshop has reportedly started the sales process of its former flagship store in London’s Oxford Street, for a price tag…
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