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 -15 June
Hammerson chair to step down
The board of Hammerson has appointed Robert Noel as the new non-executive chair of the company, succeeding David Tyler. Noel…
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15 June
Matalan seeks £29m HQ sale
Matalan is reportedly seeking a sale of its Liverpool-based headquarters as it looks to inject more cash into the business…
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15 June
Usdaw urges public to ‘respect shopworkers’ as shops are allowed to reopen
Shopworkers union Usdaw has urged customers to respect staff and employers to ensure safety in stores, as shops are allowed…
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15 June
Retailers to suffer for ‘some time to come’, says BRC
Footfall across the UK tumbled by 81.6% in May, as the British Retail Consortium (BRC) has warned that retailers may…
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12 June
UK GDP slumps over 20% in April as full impact of Covid-19 is felt
GDP slumped by 20.4% in April 2020, following a fall of 5.8% in March, according to the latest figures from…
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12 June
Curry’s PC World to reopen 131 stores as ‘tech help hubs’
Currys PC World has unveiled plans for a phased reopening of 131 of its stores from next week, initially opening…
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12 June
The Works aims to reopen 465 stores next week
The Works has announced it is aiming to reopen 465 stores across England, Northern Ireland and the Republic of Ireland…
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12 June
Poundstretcher faces CVA, 5,500 jobs at risk
Poundstretcher is facing a risk of closure across the majority of its estate, following news it is launching a CVA…
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11 June
Majority of SMEs believe UK is headed for deep recession post-pandemic
Almost seven in 10 (69%) small business owners believe the UK is heading for a deep recession following the coronavirus…
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11 June
CBI names Tony Danker as its next director-general
The CBI has announced that Dame Carolyn Fairbairn, who is stepping down as director-general in November, will be succeeded by…
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