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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Dec- 2020 -2 December
Foot Locker CFO retires
Foot Locker has announced that Lauren B. Peters, executive VP and CFO of the group, will step down and retire…
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2 December
John Lewis halts international business plans
John Lewis has announced that it is shutting its international business operations only weeks before Christmas, according to The Times.…
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2 December
Tesco to repay £585m rates relief
Tesco has announced that it will repay £585m in business rates relief to the UK government and devolved administrations. The…
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1 December
Sosandar sales soar in H1
Online retailer Sosandar has announced that revenue soared by 52% to £4.28m in the half-year ended 30 September 2020, up…
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1 December
Debenhams to be wound down, 12,000 jobs at risk
Embattled department store chain Debenhams is to be wound down, placing 12,000 jobs at risk, after talks with JD Sports…
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1 December
Footfall surges for second week thanks to Black Friday
Footfall on Black Friday increased by 8.7%, helping to mark the first time since late August that the figures have…
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1 December
Ebay welcomes new chief marketing officer
Ebay UK has announced the appointment of Eve Williams as chief marketing officer with immediate effect. In her new role,…
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1 December
Debenhams fears collapse as JD exits rescue talks
JD Sports has confirmed it has pulled out of rescue deal talks for Debenhams earlier today (1 December). The sports…
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Nov- 2020 -30 November
Shops permitted to open for 24 hours a day
Shops in England will be allowed to trade for 24 hours a day in the coming weeks, housing secretary Robert…
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30 November
Arcadia collapse could throw JD’s Debenhams takeover into doubt
A potential collapse at its largest concession holder Arcadia could reportedly throw the takeover of Debenhams by JD Sports into…
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