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 -3 February
Buy-now-pay-later to be regulated following FCA review
Buy-now-pay-later schemes are set to face stricter regulations and controls after the Financial Conduct Authority (FCA) published a review into…
Read More » -
3 February
13,000 Scottish retail jobs were lost before Covid-19, SRC reveals
13,000 Scottish retail jobs were lost between 2016-2018, a new paper by the Scottish Retail Consortium (SRC) reveals. The report…
Read More » -
2 February
Footfall remains above first lockdown levels despite poor weather
Footfall across UK retail destinations rose by just +0.4% last week from the week before as poor weather deterred high…
Read More » -
2 February
THG completes £250m Dermstore deal
Online health and beauty retailer, The Hut Group (THG) has completed the acquisition of Dermstore, a US-based skincare and beauty…
Read More » -
2 February
Moonpig valued at £1.2bn amid market debut
Moonpig has entered the London Stock Exchange with a market capitalisation of £1.2bn, following the successful pricing of its initial…
Read More » -
2 February
Pentland Brands signs up 1,200 retailers for online service
Pentland Brands, the owner of brands such as Mitre and Speedo, has announced it has signed up over 1,200 retailers…
Read More » -
2 February
John Lewis Partnership to provide care packages to NHS workers
The John Lewis Partnership has announced its partnership with the British Medical Association (BMA) to provide frontline NHS workers with…
Read More » -
2 February
Aldi looks to onboard redundant Arcadia and Debenhams staff
Aldi is calling for those affected by the fall of the Arcadia and Debenhams retail empires to apply for a…
Read More » -
1 February
New lockdowns edge consumer confidence to near-record low
The final quarter of 2020 saw consumer confidence fall by 1%, to a near-record low -17%, according to the latest…
Read More » -
1 February
Frasers Group acquires New Look’s Brighton store
Frasers Group has reportedly acquired the freehold of New Look’s Brighton store. According to Drapers, the store located at 188-191…
Read More »
