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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Jul- 2020 -30 July
Aldi to create 1,200 new jobs by end of the year
Aldi is set to hire 1,200 new employees by the end of the year as it pushes ahead with plans…
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30 July
Waterstones set to axe HQ roles
Waterstones is reportedly set to make a number of redundancies at its Piccadilly-based head office. According to the Bookseller, the…
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29 July
Travis Perkins reports 20% HY sales decline
DIY retailer Travis Perkins has revealed that like-for-like half-year sales declined by 20% across the group due to the impact…
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29 July
Games Workshop profits soar in full-year results
Games Workshop saw its pre-tax profits jump to £89.4m during the year ended 31 May 2020, up from £81.3 in…
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29 July
Next performance ‘better than expected’ in Q2
Next has announced that full-price sales in its second quarter fell by only 28%, welcoming the “better than expected” results…
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29 July
John Lewis appoints new executive director for people
John Lewis has appointed Nikki Humphrey as executive director for people. Humphrey joins from Virgin Atlantic where she held the…
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28 July
Selfridges to axe 450 roles
Selfridges has outlined plans to cut 450 roles across its business, equating to a 14% reduction of its total headcount.…
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28 July
Walgreens Boots Alliance CEO to exit
Walgreens Boots Alliance CEO Stefano Pessina has revealed plans to step down from the position. The board of directors said…
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28 July
Sainsbury’s trials virtual queuing system
Sainsbury’s is piloting a virtual queuing system to test whether the technology will help customers “stay safe, save time and…
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28 July
Harrods boss warns tourists may not return until 2022
The managing director of the iconic department store Harrods has warned that US and Asian tourists may not return until…
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