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 -5 March
Susie Mulder named global brand president for Timberland
VF Corporation has announced the appointment of Susie Mulder as the new global brand president for Timberland, the outdoor retailer.…
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4 March
February footfall rises across all destinations despite lockdown
Footfall across UK retail destinations rose by 16% in February against the previous month, despite the continuation of lockdown and…
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4 March
Waitrose to open new fulfilment centre
Waitrose has announced the opening of a new customer fulfilment centre in Greenford, West London, which will create 800 new…
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4 March
Sainsbury’s restructuring plan places 1,150 jobs at risk
Sainsbury’s has begun a restructuring process that will see 500 head office roles cut and a further 650 jobs placed…
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4 March
B&M raises FY21 guidance amid strong Q4 trading
B&M has raised its full-year guidance for the financial year ended 27 March 2021, as revenue has risen 22.5% in…
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4 March
Capri names Alejandro Martinez-Galindo as CIO
Luxury fashion group Capri Holdings has announced the appointment of Alejandro Martinez-Galindo as chief information officer at the group. Commencing…
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4 March
Aldi to invest £22m in London expansion
Aldi has announced it is set to invest more than £22m in new and upgraded stores across London and within…
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3 March
Budget 2021: Chancellor unveils new £65bn support package
Chancellor Rishi Sunak has outlined a new £65bn support package in his March budget, confirming the decision to extend the…
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3 March
Abercrombie and Fitch sales fall 5% in Q4
Abercrombie and Fitch has announced that net sales in the fourth quarter ended 31 January, 2021 slumped by 5% to…
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3 March
NI Executive reveals phased lockdown exit plan
Ministers for Northern Ireland’s devolved government have announced phased plans to take the country out of its current lockdown restrictions.…
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