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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Apr- 2020 -27 April
Homebase reopens 20 stores
DIY retailer Homebase has revealed it has reopened 20 of its stores across the UK after it was deemed an…
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27 April
BRC issues new guidance on re-opening stores
The British Retail Consortium (BRC) has issued new guidance for shops regarding procedures to maintain when businesses re-open following the…
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27 April
Co-op expects £200m increase in costs amid Covid-19 crisis
The Co-op has warned that the Covid-19 pandemic is expected to increase its costs by over £200m. The grocery retailer…
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24 April
UK consumer confidence remains steady despite nearing record low
GfK’s long-running Consumer Confidence Index has remained at -34 for April, only five points away from the record -39 low…
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24 April
Hammerson’s £400m retail park disposal in doubt as Orion stalls
Hammerson has revealed its previously agreed £400m sale of seven of its retail parks has been put in doubt after…
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24 April
Gear 4 Music reports 9% increase in FY sales despite Covid-19 impact
Musical instruments retailer, Gear 4 Music has reported a 9% increase in sales to £120.3m amid the Covid-19 pandemic. In…
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24 April
Government introduces new measures to protect high street
The business secretary has announced a new set of measures that will be introduced to protect high street businesses “under…
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23 April
Animal set to shutter entire UK estate by 2021
Fashion brand Animal is reportedly set to shutter its entire UK estate by 2021, placing almost 500 jobs at risk.…
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23 April
One in six shopworkers abused daily during pandemic, says Usdaw
Shopworkers’ trade union Usdaw has released statistics revealing one in six shop workers have suffered abuse on every shift, during…
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23 April
Gordon Brothers rescues Laura Ashley from administration
Embattled retailer Laura Ashley has been rescued from administration by global investment firm Gordon Brothers for an undisclosed sum. Gordon…
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