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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Jan- 2021 -15 January
Supreme Court sides with small firms in business interruption insurance case
The Supreme Court has delivered its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case, with the…
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15 January
Dunelm revenues up 11% despite store closures
Homeware retailer Dunelm has reported an 11.8% increase in revenues for the 13-week period ended 26 December 2020, despite having…
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15 January
H&M appoints new communications director
H&M has announced the appointment of Andreas Eriksson as communications director succeeding his predecessor Kristina Stenvinkel. Eriksson, who was the…
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15 January
N Brown sales continue to recover in Q3
N Brown has seen group revenue continue to improve in FY21. Though revenue was down by 8.8% in its third…
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15 January
UK GDP shrinks by 2.6%
GDP declined by 2.6% in November 2020 as government restrictions reduced economic activity, the latest ONS figures reveal. Figures released…
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15 January
Card Factory sales down 38% in 2020
Card Factory, the greetings cards, dressings, and gifts provider, has announced its sales for the eleven months ended 31 December…
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15 January
Hammerson CFO steps down
Hammerson has announced that James Lenton will step down as the company’s chief financial officer. Lenton informed the shopping centre…
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14 January
Scotland bans click and collect on non-essential retail
Stores in Scotland will no longer be able to provide click and collect services for non-essential retail, as the government…
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14 January
£95m Northern Ireland retail voucher scheme put on hold
A £95m high street voucher scheme, first announced by the Northern Ireland economy minister in November, has been referred to…
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14 January
Administrators finalise sale of Bonmarche
The joint administrators of Bonmarche have announced the completed sale of the company to Purepay Retail Limited, which is backed…
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