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 -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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4 May
Hotel Chocolat to launch branded spaces within Waitrose
Hotel Chocolat will launch new branded spaces within select Waitrose stores, as the confectionery company continues its 12 year relationship…
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Apr- 2021 -30 April
Tesco to offer sustainability-linked supply chain finance
Tesco is set to become the first UK retailer to offer sustainability-linked supply chain finance in a move that will…
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30 April
Unilever Q1 sales rise 5.7%
Unilever has announced that its underlying sales growth (USG) represented a 5.7% year-on-year rise for the first quarter of FY21.…
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30 April
Apple sees Q2 revenues up 54%
Apple has revealed that its revenues for the second quarter of the year ending March 27, increased 54% to $89.6bn…
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30 April
Co-op set to ban sale of ‘bags for life’ across its 2600 stores
The Co-op is set to become the latest supermarket to ban ‘bags for life’ from sale across its 2600 stores. …
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