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 -24 July
Naked Wines chairman to step down
Naked Wines chairman, John Walden, has announced he will step down from the position. Walden has informed the board of…
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24 July
Retail sales boosted in June
The volume of retail sales rose by 13.9% in June against May figures, as non-food and fuel stores continued their…
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23 July
Fraser Group warns of closures amid business rates valuation delay
Mike Ashley’s Fraser Group has warned that a number of its stores could shutter as a result of the Government’s…
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23 July
Brits spend £40bn during lockdown
Consumers spent £40.6bn on dispensable or luxury items during lockdown, according to the latest figures from Barclaycards Payments. Its latest…
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23 July
Gear4music reports 80% increase in UK sales
Gear4music has reported an 80% increase in UK sales to £21.2m in its first quarter of the current year, compared…
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23 July
Sales break expectations at Eve Sleep
Eve Sleep has announced that group revenue was “ahead” of expectations at £12.2m for the half-year period ended 30 June…
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22 July
Covent Garden owner offers rent relief for embattled tenants
The owner of Covent Garden, Capital and Counties (Capco), has offered to support its tenants through restructured lease agreements. Capco…
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22 July
Tapestry CEO resigns after company launches investigation
Tapestry, the parent company of Coach, Kate Spade and Stuart Weitzman, has announced its chairman and CEO Jide Zeitlin, has…
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22 July
Turn high streets into housing hubs, says think-tank
High street units left unoccupied in the wake of the pandemic should be converted into “hundreds of thousands” of new…
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22 July
Kingfisher sales boosted by e-commerce
Kingfisher has announced that like-for-like sales soared by 21.6% in the quarter ended 18 July, as it continued to experience…
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