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 -29 September
B&M raises guidance following ‘strong’ H1
B&M has welcomed “strong” revenue growth in its first-half of trading, reporting group revenue growth of 25.3% in the period…
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28 September
Arcadia Group to put Burton HQ on the market
Sir Philip Green has reportedly put Burton’s former London headquarters on the market, according to The Sunday Times. The owner…
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28 September
£3bn tariff ahead for UK retailers and consumers, warns BRC
Supermarkets and their customers could face £3bn a year of tariffs on food and drink if a free trade deal…
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28 September
John Lewis launches new virtual Christmas shop for consumers
Earlier this month John Lewis announced a £635m pre-tax loss for the half-year period ended July 2020. The department store…
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28 September
Aldi to create 4,000 jobs as sales surge
Aldi has pledged to invest £1.3bn over the next two year with new stores, distribution centres and further business innovations,…
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25 September
Thousands of ‘traditional’ retail jobs in danger, says Next boss
Next boss Simon Wolfson warned that thousands of “traditional” retail jobs are now in danger under the chancellor’s new “viability”…
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25 September
Hong Kong’s Lion Rock joins race for Clarks
A Hong Kong-based private equity firm, which backs a number of companies such as Taxi hailing app Hailo and Serie…
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25 September
Morrisons reveals new delivery measures as restrictions return
Morrisons has revealed a set of new home delivery measures as lockdown restrictions return following the government’s announcement earlier this…
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25 September
Independent review ‘identifies many failings’ in Boohoo supply chain
Boohoo has published the results and response to the independent review of its UK supply chain. Alison Levitt QC was…
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24 September
Chancellor unveils new Job Support Scheme
The chancellor has today announced a new Jobs Support Scheme that will see the government “directly support” the wages of…
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