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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Feb- 2021 -18 February
John Lewis signs up to HRH Terra Carta initiative
John Lewis has announced it has become the first retailer to sign-up to HRH The Prince of Wales’ Terra Carta,…
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18 February
Iceland sacks director over offensive comments about Wales
Iceland has sacked its director of corporate affairs, Keith Hann, after he made a series of offensive comments about Wales. …
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18 February
850 retail jobs lost a day so far in 2021
New research has found that 850 retail jobs have been lost every working day so far in 2021, with experts…
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18 February
Charity retailers’ progress stunted by lockdown restrictions
Despite an encouraging start to the period, lockdown restrictions have “taken their toll” on the performance of charity retailers in…
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18 February
Moonpig expects FY revenues to double amid Valentine’s boost
Moonpig has announced it expects revenues for the financial year ending 30 April 2021 to approximately double to £173m. The…
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18 February
Zalando welcomes new shareholders
Zalando has acknowledged its support of Kinnevik’s decision to distribute all its shares in the retail platform to its investors.…
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18 February
US owners look to sell Lloyds Pharmacy
McKesson, Lloyds Pharmacy’s US-based owner, has reportedly hired bankers to explore the sale of its British operations. According to Sky…
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17 February
Morrisons launches fast-food takeaway in Camden
Morrisons has launched a new fast-food takeaway, named Market Kitchen, at its Camden branch. Market Kitchen will be officially opened…
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17 February
Adidas to sell Reebok to focus on core brand
Adidas has confirmed it is to begin a formal sales process for its Reebok brand as it looks to concentrate…
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17 February
Scottish retailers see business rates relief extended for 12 months
Scottish retail, hospitality, leisure and aviation businesses will pay no rates throughout the next year, under new plans outlined by…
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