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 -16 February
Dunelm deputy chair raises £192m from share sale
Dunelm has announced that Will Adderley, deputy chairman at the home furnishings retailer, has sold 15 million shares in the…
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16 February
UK frozen food sales rise by £872m
The pandemic has resulted in a massive sales boost for frozen foods of over £870m, according to a recent report…
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15 February
Coventry Ikea to become national cultural centre
Coventry City Council has announced it is purchasing a former five-storey Ikea story in the centre, with plans to transform…
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15 February
Year-on-year online gift cards and e-vouchers increase by 117%
Year-on-year sales of online gift cards and e-vouchers have increased by 117% during the second half of 2020 as Covid…
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15 February
Government eyes third rent moratorium extension
The government is reportedly drawing up plans to extend the current rent moratorium that bans landlords from being able to…
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15 February
Made.com explores £500m stock floatation
Made.com is exploring options for a potential stock market floatation worth £500m, according to Sky News. The online retailer is…
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15 February
Bravissimo secures multi-million pound investment
Bravissimo, a lingerie retailer, has secured a multi-million pound funding package from NatWest to upscale its online presence. Currently an…
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15 February
Burberry to repay £6m in business rates relief
Burberry has voluntarily agreed to repay around £6m in business support to the Treasury, following the business rates holiday designed…
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15 February
Asda to donate £2m to help fund apprenticeships
Asda has announced that in celebration of National Apprenticeship Week, it will donate £2m to small businesses to help fund…
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15 February
Arcadia asset sale gives pension holders new hope
Workers who were saving pensions at Sir Phillip Green’s Arcadia Group have reportedly been told that their savings can be…
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