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 -2 April
Pets at Home to beat guidance amid spiked demand
Pets at Home has revealed that its closing weeks of full-year trading saw “exceptional levels of demand” amid the ongoing…
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2 April
The Perfume Shop shuts online operations, affecting over 1,800 jobs
Fragrance retailer The Perfume Shop has announced the closure of its online operations amid the coronavirus outbreak, affecting over 1,800…
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1 April
A fifth of SMEs at risk of collapse, say experts
Almost a fifth of SMEs will not survive the coronavirus crisis, according to new findings from the Corporate Finance Network. …
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1 April
JD Sports to withhold quarterly rent amid Covid-19 lockdown
Sports fashion retailer JD Sports has announced it is withholding its quarterly rent in bid to mitigate the effects of…
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1 April
Laura Ashley administrators axe 268 staff, 1669 furloughed
The joint administrators appointed to Laura Ashley revealed they have made 268 members of staff redundant and have furloughed a…
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1 April
New Look appoints Stuart MacKenzue as non-executive director
New Look has announced the appointment of Stuart MacKenzie to its board of directors, as a non-executive member, amid the…
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1 April
Shop prices slide amid UK lockdown, says BRC
The price of shop goods slipped by 0.8% in March, down from 0.6% the month prior, according to the latest…
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Mar- 2020 -31 March
WHSmith launches partnership with Sainsbury’s amid Covid-19 virus outbreak
WHSmith and Sainsbury’s has announced its partnership to help NHS staff amid the coronavirus pandemic. WHSmith will be stocking an…
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31 March
Matalan employees furloughed, ‘massive win’ for safety says GMB
Matalan has announced all warehouse staff will be offered furlough leave in light of the coronavirus pandemic. The GMB said…
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31 March
UK supermarket sales surge amid Covid-19 outbreak
British consumers made over 79 million extra grocery shopping trips in the last four weeks, with total till sales at…
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