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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Oct- 2020 -2 October
M&S launches third-party fashion brand partnership
Marks and Spencer has begun stocking independent fashion brands on its site, with debut partner Nobody’s Child launching yesterday (1…
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2 October
The Hut Group acquires Perricone for £46m
The Hut Group has acquired Perricone MD, a US luxury skincare brand, in a $60m (£42m) deal. The sale follows…
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1 October
Retail coalition calls for government inquiry on retail violence
Several retail trade bodies have formed a coalition to call on parliament to launch an inquiry on retail violence, in…
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1 October
H&M to close stores as online sales rise
H&M has announced that it is planning to close around 250 stores next year, as more of its customers shift…
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1 October
Sainsbury’s expands online delivery capacity
Sainsbury’s has announced plans to expand its online grocery capacity to deliver 700,000 weekly orders by the end of October.…
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1 October
Kingfisher offloads Russian chain in £73m deal
B&Q and Screwfix owner Kingfisher has announced it has offloaded Castorama Russia to Russian home improvement firm Maxidom in a…
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1 October
Halfords raises expectations amid ‘positive momentum’
Halfords has announced that its pre-tax profit in the first half of the year is now expected to be in…
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Sep- 2020 -30 September
Hammerson appoints Rita-Rose Gagné as CEO
Hammerson has announced the appointment of Rita-Rose Gagné as its new chief executive officer and executive director. Gagné was most…
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30 September
N Brown reveals H1 recovery on back of homeware demand
The N Brown group has posted a “recovery” in H1 sales following an increased demand for homeware. N Brown said…
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30 September
Studio reveals strong autumn retail performance
Studio Retail Group has reported strong retail trading in the early weeks of its autumn season, with gifting and early…
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