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 -7 January
Boots owner agrees £4.8bn sale of Alliance Healthcare
AmerisourceBergen Corporation has announced the acquisition of Walgreens Boots Alliance’s healthcare businesses for approximately $6.5bn (£4.77bn), comprising $6.275bn (£4.6bn) in…
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7 January
B&M revenue soars 23% in Q3
The UK’s largest variety goods value retailer, B&M, has reported a growth in revenue of 22.5% for the 13 weeks…
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7 January
Joules reports online sales boost over Christmas
Joules has reported the group’s online retail channels received a sales boost during the seven-week period to 3 January 2021,…
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7 January
Sainsbury’s welcomes Christmas sales surge
Sainsbury’s has reported a “strong Christmas performance”, with like-for-like sales up 9.3% during the holiday period. In a trading statement,…
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6 January
Online grocery sales double over festive period
The online share of grocery sales at UK supermarkets has doubled to 12.5% in the four weeks ending 26 December…
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6 January
Coty acquires interest in KKW beauty
Coty has announced the completed acquisition of a 20% ownership interest in Kim Kardashian West’s beauty business for $200m (£146m).…
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6 January
Travis Perkins appoints new chair
Travis Perkins, the home improvement retailer, has announced the appointment of Jasmine Whitbread as its new chair. Whitbread is set…
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6 January
M&S close to Jaeger deal
Marks and Spencers is reportedly close to signing a deal to purchase Jaeger from Philip Day’s Edinburgh Woollen Mill group…
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5 January
1,500 jobs at risk as Paperchase calls in administrators
Paperchase, the UK-based stationary store chain, has reportedly called in administrators due to a lack of sales caused by Covid-19. …
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5 January
Chancellor unveils £4.6bn in new lockdown grants
Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the chancellor…
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