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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Feb- 2021 -11 February
M&S launches sustainable denim range
Marks and Spencers has started replacing its denim items with more sustainable dyes as part of an environmental initiative. Around…
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11 February
Westfield owner to ‘significantly reduce’ exposure in US
Unibail-Rodamco-Westfield (URW) has revealed it will “significantly reduce” its financial exposure to the US and instead focus on its UK…
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11 February
Ted Baker Q4 sales fall 47% amid low occasionwear demand
Clothing retailer Ted Baker reported that Q4 group revenues fell by 47% during the 13-week period ending 30 January 2021.…
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11 February
Two-fifths of retailers expect Valentine’s sales boost
Two-fifths of retailers (41%) expect to see a boost in sales in the run up to Valentine’s Day. According to…
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11 February
Sainsbury’s pledges to match Aldi on 100s of prices
Sainsbury’s has pledged to match discount supermarket Aldi on hundreds of branded and own-brand products, in what the group describes…
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11 February
Co-op launches major apprenticeship initiative to improve diversity
Co-op is calling on employers across the UK to help create a £15m fund that will support the creation of…
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11 February
Non-food retailers see £22bn sales hit due to Covid
The British Retail Consortium (BRC) is reporting that the country’s three national lockdowns have cost ‘non-food’ stores – mainly ‘non-essential’…
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10 February
JD Sports eyes EU warehouse amid ‘worse than feared’ Brexit impact
Peter Cowgill, the chairman of JD Sports has revealed the company is considering opening a new distribution centre in the…
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10 February
Dunelm welcomes ‘strong’ H1 as online sales soar
Dunelm has welcomed a “strong” performance in its half-year results, with pre-tax profit soaring 34.4% to £112.4m in the period…
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10 February
Urban Outfitters Q4 sales drop 6.9%
Urban Outfitters has announced its total company net sales for the three months ended January 31, 2021, decreased 6.9% to…
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