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 -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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6 August
Hammerson seeks £825m to ride pandemic
Shopping centre owner Hammerson has announced it plans to raise £825m through fundraising and disposals as it looks to survive…
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6 August
July footfall bolstered by hospitality reopening
Footfall in retail destinations across the UK was down by 39.4% in July, according to the latest figures from Springboard.…
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6 August
Joules swings to £2m loss in full-year results
Joules has announced that it swung to a pre-tax loss of £2m in its full-year of trading, down from the…
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