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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Mar- 2021 -22 March
Kingfisher full-year profits soar amid DIY boom
Kingfisher has announced that pre-tax profit soared by 44.4% to £786m in the year ended 31 January 2021, following a…
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22 March
Spar International expands anti-food waste collaboration
Spar International has announced it will be enhancing its collaboration with digital platform Gander to further tackle food waste. The…
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22 March
Fred Perry to relocate Manchester flagship
Fred Perry has revealed that it is set to launch a new flagship store on the ground floor of Manchester’s…
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22 March
Iceland spends £150m on deals despite pocketing £40m Covid relief
Iceland’s owners have taken and spent £150m from the supermarket chain since the beginning of the pandemic, despite refusing to…
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19 March
Asda to remove 101 million pieces of single-use plastic from stores
Asda has revealed it will be removing 101 million pieces of single use plastic from its stores each year by…
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19 March
Non-essential Welsh retail to begin reopening from 22 March
Mark Drakeford, first minister of Wales, has announced an easing of lockdown restrictions, starting with the reopening of non-essential retail…
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19 March
Co-op further extends franchise portfolio
The Co-operative Group has opened its 15th franchise site with the launch of its Cornwall Services store, as the group…
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19 March
Nike global revenues up 3% as online helps offset store closures
Global sportswear giant Nike has revealed that its revenues for the third quarter of the year were $10.4bn (£7.4bn) up…
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19 March
Asda CEO Roger Burnley to step down
Asda has confirmed that CEO and president Roger Burnley will step away from the business next year, once the supermarket…
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19 March
L Brands founder steps down from board
Les Wexner, the founder of L Brands, has announced that he and his wife Abigail will not stand for re-election…
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