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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Feb- 2020 -20 February
Lidl pledges £1.3bn to store expansion as it opens 800th UK site
Lidl has opened its 800th store in Great Britain today (20 February) and has pledged to invest over £1bn in…
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20 February
Laura Ashley reports ‘disappointing’ £4m loss
Fashion retailer Laura Ashley has reported losses before tax of £4m for the half-year period ended 31 December 2019. The…
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19 February
Revo calls on Government to ‘make good’ on review of business rates system
Revo, which supports businesses in the retail property and placemaking sector, has called on the UK Government to “make good”…
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19 February
Beales to shutter 11 remaining stores
The administrators of Beales have announced the plans to close the department store chain’s remaining 11 stores and associated stock…
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19 February
Nike announces senior leadership changes
Sportswear giant Nike has announced a raft of changes to its senior leadership team, marking the first set of appointments…
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19 February
Sports Direct ‘partially allowed’ to withhold private documents from FRC
The Court of Appeal has ruled to partially allow Sports Direct’s appeal to overturn a High Court ruling from 2018…
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18 February
Amazon’s Jeff Bezos pledges $10bn to tackle climate change
Amazon boss Jeff Bezos, the world’s richest man, has pledged $10bn (£7.7bn) to help fight climate change. Taking to Instagram…
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18 February
Consumer confidence reaches record-high in February
The IHS Markit Household Finance Index reached a record-high of 47.6 in February, up from 44.6 last month. IHS Markit,…
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18 February
Amazon hit by 600 warehouse accidents in past three years, GMB claims
Amazon warehouses have been hit by more than 600 “serious injuries or near misses” in the past three years, a…
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18 February
Angling Direct profits hit by flooding despite 26.5% spike in revenues
Fishing tackle and equipment retailer Angling Direct has said winter flooding has impacted profits despite reporting a 26.5% increase in…
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