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 -27 January
Poundland owner reports Q1 sales drop
Pepco Group, which owns brands such as Poundland in the UK, has reported a like-for-like sales decline of 2.1% in…
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26 January
Waitrose ranked top supermarket for single-use plastic reduction
Waitrose has announced it has ranked first in the Environmental Investigation Agency (EIA) and Greenpeace’s annual league table, which assesses…
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26 January
Unemployment rises 5% to 1.7m
The UK unemployment rate rose by 5% in the three months to November with over 1.7 million people now out…
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26 January
US investor eyes Notonthehighstreet takeover
Great Hill Partners, a US-based investment company, is reportedly in “advanced talks” to buy the online personalised gifts retailer, Notonthehighstreet. …
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26 January
JD Sports mulls £400m share placing
JD Sports Fashion is reportedly eyeing up an equity sale of around £400m as it “eyes further opportunities” to expand…
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26 January
Westfield turns vacant unit into vaccination hub
A vacant retail outlet in Westfield shopping centre Stratford has been turned into Covid-19 vaccination centre. The vaccination centre will…
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26 January
Frasers Group shutters Edinburgh’s Jenners store
Frasers Group has announced it will permanently close Edinburgh’s iconic Jenners store after the company failed to reach an agreement…
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25 January
Five retailers who excelled during the Christmas season
Asos Asos has gone from strength to strength in the past few years with this year being no different.…
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25 January
Waterstones boss warns of closures unless gov extends rates relief
James Daunt, the boss of book retailer Waterstones, has warned that he could be forced to close stores unless the…
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25 January
Asos joins the Topshop race
Asos has emerged as a contender to acquire Topshop, just days after highstreet retailer Next was forced to pull out…
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