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.
-
Mar- 2020 -24 March
Aldi to grant employees 10% bonus
Aldi has today announced that all store and distribution employees will receive a 10% bonus on their hours worked, effective…
Read More » -
24 March
McColls announces stores remain open amid Covid-19 virus outbreak
McColls Retail Group has today announced that it is to keep its stores open amid the coronavirus pandemic. The convenience…
Read More » -
24 March
Covid-19: UK retail spending to fall by £12.6bn
The impact of the coronavirus pandemic will wipe £12.6bn from retail sales this year, according to the latest forecast by…
Read More » -
24 March
Covid-19 brings UK economy to temporary standstill, says KPMG
The impact of the Covid-19 virus is expected to see the UK economy contract by 2.6% in 2020, according to…
Read More » -
24 March
Covid-19: Debenhams, Ted Baker and The Works latest to close stores
Debenhams, Ted Baker and The Works are some of the latest retailers to close stores amid the coronavirus pandemic sweeping…
Read More » -
24 March
Drop in footfall three times higher than worst recorded, says Springboard
Springboard has revealed that the annual change in footfall last week represented an “unprecedented decline” that was three times greater…
Read More » -
24 March
Coronavirus Job Retention Scheme – Advice for employers
Nigel Morris, tax director at MHA MacIntyre Hudson explains how employers can access the Job Retention Scheme (JRS) to continue…
Read More » -
24 March
Westfield Stratford announces temporary closure amid coronavirus outbreak
Shopping centre Westfield Stratford City has announced it is “substantially closed” amid the outbreak of the Covid-19 outbreak. The shopping…
Read More » -
24 March
Contactless spending limit to rise to £45
Barclaycard has announced it will be rolling out the deployment of a new £45 contactless limit across UK retailers from…
Read More » -
23 March
H.Samuel announces temporary store closures amid Covid-19 virus outbreak
High street jewellery store H. Samuel has announced the temporary closure of all its stores amid the recent outbreak of…
Read More »
