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.
-
Feb- 2021 -17 February
Knomo appoints UK country manager
London-based accessories retailer, Knomo has appointed Oliver Strickland as country manager for the UK. In his new role, Strickland will…
Read More » -
17 February
Westminster Council launches Oxford Street revival initiative
An “ambitious” new framework has been launched by Westminster City Council in a bid to kickstart a “reimagined” Oxford Street…
Read More » -
17 February
Sainsbury’s distribution centre acquired for £139m
Sainsbury’s distribution unit in Hams Hall has been acquired by Aviva Investors for £139m. The distribution centre which is on…
Read More » -
17 February
Regulator to rule on Issa Brothers’ Asda takeover
The Competition and Markets Authority (CMA) has set a deadline for 20 April for a decision on the acquisition of…
Read More » -
16 February
Ebay’s sale of Gumtree sparks concern by CMA
The Competitions and Markets Authority (CMA) has raised concerns that Adevinta’s anticipated £6.5bn purchase of Gumtree from Ebay could lead…
Read More » -
16 February
Virgin Wines set to float £100m for next month
Virgin Wines has announced plans to float on the London Stock Exchange for around £100m. The online wine retailer is…
Read More » -
16 February
Amazon infiltrated by fake review sites, Which? report finds
A Which? investigation has uncovered a “thriving” industry of review manipulation businesses targeting Amazon, despite ongoing measures to combat fake…
Read More » -
16 February
Cox and Cox sees FY sales up 75%
Homeware retailer Cox and Cox has reported a “strong” Q4 that saw sales up 85.4% up on the previous year,…
Read More » -
16 February
Asda to donate 150,000 meals to children over half-term
Asda has announced that it will donate 150,000 meals to children over half-term break to help fight holiday hunger. The…
Read More » -
16 February
Almost half of consumers shift to online shopping due to covid-19
Almost half of consumers (46%) in 2020 made an online purchase that would have previously been made in-store amid the…
Read More »
