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 -15 September
Ocado sales surge as it praises M&S switch
Online grocer Ocado has revealed it has reported a 52% surge in sales during the third quarter of the year,…
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15 September
Next takes majority stake in Victoria’s Secret
Victoria’s Secret owner L Brands has announced it has formed a joint venture with Next which will see the retailer…
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15 September
New Look landlords to reject CVA
New Look’s biggest landlords have reportedly rejected the retailer’s CVA plan in a move that will “throw its survival into…
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14 September
700,000 jobs at risk as end of furlough scheme draws near
Over 700,000 employees are at risk of being made redundant in the second half of 2020, research from Institute for…
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14 September
Aldi to trial click and collect
Major supermarket chain Aldi has announced it will begin its first UK trial for a click-and-collect service from today (14…
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14 September
Insolvent companies cost taxpayers £250m
Insolvent companies that were unable to pay their debts in the first six months of 2020 have cost British taxpayers…
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14 September
Matalan CEO steps down
Matalan CEO Jason Hargreaves has stepped down from leading his family’s company after seven years at the helm. Hargreaves is…
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14 September
Arcadia Group ‘extremely sorry’ amid notice pay U-turn
Arcadia Group has agreed to pay the full salaries of head office staff facing redundancy, after backtracking on its initial…
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11 September
LVMH plans counter lawsuit against Tiffany & Co
LVMH has announced it plans to file a counter lawsuit against Tiffany & Co after the collapse of a takeover…
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11 September
Games Workshop shares jump amid soaring sales
Games Workshop saw shares jump almost 20% in early trading yesterday, after posting strong preliminary trading results for the three…
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