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 -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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31 March
Online sales see mixed result during first week of lockdown
During the first week of the new pandemic guidelines, online retail sales growth was down -2.2% year-on-year (YoY), according to…
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31 March
Poundland to temporarily close 32 UK stores amid Covid-19 outbreak
Discount retailer Poundland has announced the temporary closure of 32 of its stores amid the Covid-19 virus outbreak, resulting in…
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31 March
Consumer confidence slips in March
Consumer confidence in the UK decreased by two points to -9, according to the latest figures from the GfK. Within…
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