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 -14 July
DFS to cut jobs as revenues slide
DFS has revealed that revenues were down by £271m in the year ended 28 June 2020, largely due to the…
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14 July
AO World reports ‘strong demand’ as revenues rise
AO World said it has experienced “strong demand” during the coronavirus pandemic, reporting a 20.3% increase in revenues to £901.6m,…
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13 July
Businesses must remain Covid-secure, warns HSE
The Health and Safety Executive (HSE) has warned businesses that they must ensure they are Covid-secure as lockdown measures ease…
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13 July
Halfords plans to close 60 stores despite resilient sales
Halfords is reportedly planning on closing 60 stores as it looks to speed up its store closure scheme despite seeing…
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13 July
Quiz suspends supplier over non-compliance allegations
Fashion retailer Quiz has said it is “extremely concerned” following allegations of non-compliance with National Living Wage requirements in a…
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13 July
Debenhams to reopen all remaining stores in Scotland
Department store Debenhams is to reopen nine stores in Scotland from today (13 July), following the “successful reopening” of its…
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13 July
Footfall suffers despite June reopening
Footfall in June saw a “significant improvement” against the 73.3% decline reported in May, but was still less than half…
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10 July
John Whittaker steps downs as Intu chairman
John Whittaker has reportedly stepped down from his role as chairman of embattled shopping centre owner Intu. According to Property…
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10 July
Online retail sales continue to boom despite reopenings
Even as the high street came out of hibernation last month, June’s online retail sales spiked to a 12-year high…
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10 July
Footfall decline eases amid ‘sluggish’ recovery
Footfall across the UK rose by 19% in June against the month prior, but was still down by 62.6% year-on-year,…
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