7 days in retail – 9 July 2021

Retail

7 days in retail – an at-a-glance weekly digest of things happening in the retail sector this week:

  1. John Lewis move into residential property market by building 10,000 new rental homes
  2. Morrisons agree £6.3bn sale to Fortress Investment Group
  3. Dixons Carphone reports soaring sales and back into profits
  4. Sainsburys and Ocado say that “Shopping is getting back to normal”
  5. Gap to close all 81 stores in UK and Ireland and move to online only
  6. H&M, IKEA, Walmart, and Kingfisher launch Race to Zero group for retail sector
  7. ITV to launch shoppable TV content: Boots says “We’ll have some of that!”

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