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- 2020 -14 February
Aldi ups bag for life prices amid new plastic bag reduction initiatives
Aldi has launched new initiatives to reduce the volume of plastic bags sold in its stores and to provide reusable…
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14 February
Frasers Group backs BRC’s calls for government review of business taxes
Frasers Group has backed the campaign by the British Retail Consortium (BRC) and 52 other retailers calling for the government…
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13 February
Forever 21 rescued by landlords in £62m deal
Two of Forever 21’s largest landlords have reportedly been given the go-ahead to acquire the company out of bankruptcy in…
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13 February
Retail footfall bounces back in January after quiet December
Footfall in non-food stores in the UK fell by just 0.5% year-on-year in January according to Ipsos Retail Performance’s latest…
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13 February
Majestic Wines appoints new CFO
Specialist drinks retailer Majestic Wine has announced the appointment of Alex Jablonowski as its chief financial officer. Jablonowski joins from…
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12 February
Dunelm profits surge in half-year results
Homeware retailer Dunelm has reported a 19.4% increase in profits before tax to £83.6m for the half-year period ended 28…
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12 February
Harrods security guards agree to five days of strike actions
Harrods security guards have announced a five-day strike action starting later this month in a dispute over pay. Security guards…
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12 February
Inter Ikea appoints new CEO
Inter Ikea has announced that Torbjörn Lööf, who has been the company’s CEO for the past seven years, is to…
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12 February
Sainsbury’s Bank chairman departs after seven years
Roger Davis is to step down as chairman of Sainsbury’s Bank after nearly seven years in the role. Davis has…
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11 February
Retailers suffer ‘stuttering start’ to 2020
Retailers saw a slow start to the year as total sales increased by only 0.4% in January, against an increase…
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