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 -8 March
Card Factory seeks fresh funding to aid survival
Card Factory has reportedly drafted in restructuring experts to help secure news funds to support the group through the pandemic.…
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8 March
February footfall falls by 73.5%
UK retail footfall for February reportedly fell 73.5% year-on-year, the second largest decline seen since May 2020. According to the…
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8 March
Morrisons pledges to have first net zero UK farms by 2030
Morrisons has announced its pledge to become the first UK supermarket to be solely supplied by net zero farms by…
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5 March
Morrisons could drop out of FTSE 100, say analysts
Morrisons is reportedly set to fall out of the FTSE 100 for the first time in half a decade, according…
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5 March
Frasers Group warns of closures amid business rates cap
Frasers Group has warned that the £2m business rates cap announced in the spring budget on 3 March 2021 will…
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5 March
Amazon launches UK grocery store
Amazon has opened its first physical store outside of the US, with an Amazon Fresh grocery shop in Ealing, London.…
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5 March
Sales fall 3.1% in Feb despite record online sales
Shuttered high street shops contributed to a 3.1% decline in total like-for-like sales in February but fashion and homeware helped…
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5 March
MPs call on Boohoo to link bonuses to workers’ rights
Boohoo’s chairman, Mahmud Kamani has once again been called on by MPs to improve working conditions for its employees and…
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5 March
Co-op to hold ‘crunch talks’ over relief repayment
The Co-operative Group will reportedly hold a “crunch” board meeting next week to discuss whether it will repay £80m in…
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5 March
Tesco sets out four-year plan for healthy eating targets
Tesco has outlined a set of new plans between now and 2025 to help customers eat more healthily going forward.…
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