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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Aug- 2020 -11 August
Retail sales rise for second month in a row
Total sales increased by 3.2% in July, against an increase of 0.5% in July 2019, marking the second consecutive month…
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10 August
Baird Group launches CVA proposal
Baird Group has launched a Company Voluntary Arrangement (CVA) proposal in order to safeguard the “long-term future” of the group.…
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10 August
WH Smith seeks rent cuts
WH Smith is reportedly seeking rent cuts from its landlords as it looks to cut costs. According to The Sunday…
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10 August
Superdry secures funding as sales fall
Superdry has secured a new £70m lending facility in a bid to equip it with “flexibility and liquidity” following the…
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10 August
Lidl opens 100th London store
Discount supermarket Lidl GB has opened its 100th London store in Beckton. The retailer also revealed plans to open 30…
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7 August
Poor July sales rock high street recovery
Poor in-store sales through the month of July have “dampened hopes of a recovery” across UK high streets, according to…
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7 August
Usdaw warns business rates increase could risk more jobs
Retail trade union Usdaw has expressed “major concerns” over reports that the government is considering increasing business rates for premises…
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7 August
Jigsaw eyes CVA plans
Fashion retailer Jigsaw is reportedly set to launch a CVA proposal in the coming week as the ongoing impact of…
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7 August
Naked Wine hails ‘strong’ sales performance
Naked Wines has announced it is continuing to “trade strongly” despite the crisis, with total July sales expected to be…
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6 August
McColls reports H1 sales rise as Covid drives demand
Convenience chain retailer McColls has reported an 8.3% increase in sales for the first half of the financial year after…
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