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 -9 March
Kingfisher to expand B&Q to Saudia Arabia
Kingfisher has announced that it has signed a franchise agreement with the Al-Futtaim Group to expand B&Q in the Middle…
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9 March
WH Smith lockdown trading exceeds expectations
WH Smith has revealed that the group has delivered a “better than expected performance” during the latest lockdown period. According…
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9 March
Online retail sales up 70% in February
Online retail sales reportedly increased 69.5% year-on-year in February 2020, as Boris Johnson’s ‘roadmap’ out of lockdown supported consumer confidence.…
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9 March
Consumer spending falls 13.8% in February
Consumer spending fell 13.8% year-on-year in February as lockdown restrictions continued, yet some sectors were able to bounce back, according…
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9 March
DFS revenues jump 17.3% in half-year results
DFS Furniture has announced its revenues increased by 17.3% to £572.6m in the 26 weeks to 29 December 2020, due…
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9 March
M&S launches online business in 46 overseas markets
M&S has announced that its online international operations will expand to over 100 markets as it launches in 46 new…
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8 March
Kate Spade creative director departs amid company restructuring
Kate Spade brand has announced it will undergo a new creative organisational restructuring which will see Nicola Glass, creative director,…
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8 March
Dolce & Gabbana suse bloggers over ‘racist’ comment leak
Dolce & Gabbana has filed a lawsuit for defamation against Diet Prada, an Instagram account and fashion watchdog group, who…
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8 March
Issa Bros considering adding nail bars and salons to Asda offering
Mohsin and Zuber, the new owners of Asda, are reportedly considering adding nail bars, salons and cafes to the supermarkets…
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8 March
Shoe Zone swings to £14.6m pre-tax loss
Shoe Zone has posted a loss-before-tax of £14.6m for the 52 weeks to October 2020, following a loss of trade…
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