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 -26 April
Gousto reaches first year of profitability since launch
Recipe box provider Gousto has welcomed “record” sales for 2020, up 129% to £189m. Meanwhile, underlying EBITDA was £18.2m, up…
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26 April
Boohoo considers linking exec bonuses to ESG goals
Boohoo has told the Environmental Audit Committee (EAC) that it is exploring the possibility of linking senior executive bonuses to…
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26 April
Ex-Post Office chief exits Morrisons and Dunelm boards
Paula Vennells, the ex-chief of the Post Office, has announced she is leaving the board of Morrisons and Dunelm –…
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26 April
Superdry appoints new chairman
Superdry has announced the upcoming appointment of Peter Sjölander as chairman succeeding Peter Williams with effect from 29 April 2021.…
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26 April
25% of young people can’t pay bills due to Buy Now Pay Later repayments
Around a quarter of young people in the UK who are making Buy Now Pay Later (BNPL) repayments haven’t been…
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23 April
River Island partners with DCK Group
River Island has announced a partnership with DCK Group, an independent fashion jewellery business for its new jewellery range. The…
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23 April
Asda’s George MD Steph Strike resigns
Asda has revealed that Steph Strike, managing director of George, is stepping down from her position at the group to…
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23 April
VF Corporation appoints new executive VP and CFO
VF Corporation has announced the appointment of Matt Puckett to the position of executive VP and CFO. Puckett succeeds Scott…
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23 April
Consumer confidence edges up alongside reopening
GfK’s consumer confidence UK Consumer Confidence Index increased one point to -15 in April as the retail sector reopened. Two…
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23 April
Hammerson names new chief development and repositioning officer
Hammerson has announced that Harry Badham has been appointed to the role of chief development and asset repositioning officer. Badham…
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