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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Jan- 2021 -15 January
H&M appoints new communications director
H&M has announced the appointment of Andreas Eriksson as communications director succeeding his predecessor Kristina Stenvinkel. Eriksson, who was the…
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15 January
N Brown sales continue to recover in Q3
N Brown has seen group revenue continue to improve in FY21. Though revenue was down by 8.8% in its third…
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15 January
UK GDP shrinks by 2.6%
GDP declined by 2.6% in November 2020 as government restrictions reduced economic activity, the latest ONS figures reveal. Figures released…
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15 January
Card Factory sales down 38% in 2020
Card Factory, the greetings cards, dressings, and gifts provider, has announced its sales for the eleven months ended 31 December…
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15 January
Hammerson CFO steps down
Hammerson has announced that James Lenton will step down as the company’s chief financial officer. Lenton informed the shopping centre…
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14 January
Scotland bans click and collect on non-essential retail
Stores in Scotland will no longer be able to provide click and collect services for non-essential retail, as the government…
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14 January
£95m Northern Ireland retail voucher scheme put on hold
A £95m high street voucher scheme, first announced by the Northern Ireland economy minister in November, has been referred to…
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14 January
Administrators finalise sale of Bonmarche
The joint administrators of Bonmarche have announced the completed sale of the company to Purepay Retail Limited, which is backed…
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14 January
Online sales growth hits 13-year high
UK online sales growth remained solid throughout December, coming in at +37% year-on-year (YoY) for the month and driving the…
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14 January
Tesco reports record breaking Christmas
Tesco has reported the results of its “record Christmas”, however warned that it still expects to take a £810m hit…
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