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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Dec- 2020 -24 December
Ann Summers CVA approved by creditors
Ann Summers has announced that its CVA has been approved by 90% of its creditors, which will see 25 of…
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24 December
Clarks shareholders approve £100m LionRock Capital rescue deal
Clarks has announced that its shareholders have approved a financial rescue deal from a Hong Kong-based private equity company. LionRock…
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24 December
Chinese market regulators investigate Alibaba ‘monopolistic’ claims
China’s State Administration for Market Regulation (CSAMR) has announced that Alibaba is being investigated by regulators over claims of “monopolistic…
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23 December
N Brown secures £100m equity raising
N Brown has announced it has completed its £100m equity raising and moved from the London Stock Exchange (LSE) over…
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23 December
Labour calls for high street Fightback Fund
Labour has urged the government to “stand up for businesses” through a Hospitality and High Streets Fightback Fund, aimed at…
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23 December
Tesco limits sale of essential items
Tesco has limited the number of sales customers can make on essential goods such as toilet roll, flour, dried pasta,…
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23 December
L Brands announces new president and chief HR officer
L Brands has announced new leadership appointments at Bath and Body Works which includes Julie Rosen as president and Deon…
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22 December
DFS sales bolstered by soaring online business
DFS has announced that sales were up by 19% in the half-year ended 13 December 2020, while online sales soared…
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22 December
Card Factory appoints new CEO
Card Factory has announced the appointment of Darcy Willson-Rymer as CEO, which will come into effect on 8 March 2021.…
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22 December
Waitrose appoints new trading director
Waitrose has announced the appointment of Charlotte di Cello as the supermarket chain’s new trading director, after a competitive internal…
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