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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Sep- 2020 -18 September
UK retail sales rise for fourth consecutive month
August saw retail sales volumes increase by 0.8% when compared with July, marking the fourth consecutive month of growth. According…
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17 September
John Lewis scraps staff bonus amid £635m pre-tax loss
Department store chain John Lewis Partnership has slashed its staff bonus for the first time since 1953, aftering reporting a…
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17 September
Co-op H1 sales surge 8.8% but profits dented by Covid costs
Grocery chain Co-op saw has revealed that like-for-like sales for the six months of the year increased by 8.8% as…
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17 September
Government extends commercial eviction ban until end of year
The government has decided to extend its commercial property eviction ban until the end of 2020. Businesses have been shielded…
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17 September
Next raises forecast amid ‘resilient’ performance
Next has announced that full price sales were down by 33% in the first half of the year, following the…
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16 September
EOTHO pushes UK inflation down to five-year low
The Consumer Prices Index (CPI) 12-month rate fell to 0.2% in August 2020, down from 1% in July, according to…
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16 September
H&M to return to profitability in Q3
H&M has announced it expects to return to profitability after experiencing a “better-than-expected” recovery during the third quarter of the…
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16 September
Covid forcing 4 in 10 SMEs to put sale plans on hold
SMEs across the UK have had to “tear up” business succession plans due to Covid-19 with four in 10 placing…
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16 September
Nectar points given with Argos purchases for first time
Sainsbury’s has revealed that Nectar points will now be offered with Argos purchases for the first time ever. The supermarket…
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16 September
Keir Starmer backs Usdaw’s call for government support
Retail trade union Usdaw has welcomed Keir Starmer’s backing for targeted government support to help save jobs and businesses in…
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