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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Jun- 2020 -18 June
Supreme Court rules against Mastercard and Visa in interchange fees battle
Visa and Mastercard could be set to pay billions in compensation to some of the UK’s top retailers following a…
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17 June
The Retail Mutual launches #OpenForBusiness campaign to support independents
The Retail Mutual has launched a social media campaign to support independent businesses, after non-essential retailers were permitted to reopen…
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17 June
Forever 21 re-enters UK market with new online store
Forever 21 has re-entered the UK market following its administration last year, with the launch of a new online store.…
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17 June
Debenhams opens 38 more stores following ‘successful’ Monday reopening
Department store chain Debenhams has announced it will reopen a further 38 stores in England, following the “successful reopening” of…
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17 June
Boohoo snaps up Oasis and Warehouse
Boohoo has acquired the online businesses of Oasis and Warehouse, following a £5.25m cash transaction with Hilco Capital Limited. The…
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16 June
Covid-19 to add £5.3bn to UK e-commerce in 2020
The surge in online shopping caused by the Covid-19 pandemic is expected to add £5.3bn to UK e-commerce sales this…
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16 June
Footfall up 41% yesterday morning as shoppers returned to high streets
Retail footfall across high streets, shopping centres and retail parks in England increased by 41.7% yesterday morning (15 June) in…
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16 June
Joules predicts £3m loss after pandemic hit
Fashion retailer Joules has predicted an underlying loss for its 2020 financial year of between £2m and £3m attributed to…
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16 June
H&M sales halve in second quarter
H and M net sales halved in the second quarter of 2020, tumbling 50% to 28.7bn Swedish krona (£2.4bn) following…
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15 June
Travis Perkins to cut 2,500 jobs amid Covid-19 pandemic
Wickes owner Travis Perkins has revealed plans to cut almost 2,500 jobs amid the ongoing Covid-19 pandemic. It comes amid…
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