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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Mar- 2020 -26 March
Covid-19: Banks under fire over emergency loan scheme
Banks have come under fire over government-backed emergency loans which require business owners to sign for a personal guarantee, as…
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26 March
Co-op introduces ‘stricter measures’ amid Covid-19 crisis
The Co-operative has introduced new measures to enforce social distancing in stores, in a bid to protect customers and colleagues…
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26 March
Primark to withhold £33m rent on closed stores
Primark has revealed it is withholding its quarterly rent on closed stores, in a bid to negotiate a deal with…
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26 March
Intu receives only third of rent
Intu revealed that it has received only 29% of its second quarter rent that was due from tenants on 25…
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26 March
Arcadia ends fixed-term contracts early in view of Covid-19
Philip Green’s Arcadia Group has reportedly informed its employees that it will be ending fixed-term contracts early as a result…
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26 March
Superdrug to stay open amid coronavirus outbreak
Health and beauty retailer Superdrug has revealed its new measures to protect its employees and customers amid the coronavirus pandemic.…
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26 March
Asos ‘playing Russian roulette’ with employees, says GMB Union
Asos has been accused of “playing Russian roulette with people’s lives” by the GMB Union, one of the largest trade…
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25 March
Government urges Sports Direct and JD Wetherspoon to support employees
Boris Johnson has warned Sports Direct CEO Mike Ashley to “expect consequences” if he does not follow the recent guidelines…
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25 March
20,000 stores could close this year, says Centre of Retail Research
A total of 20,620 retail stores will have shuttered by the end of the year, according to the Centre of…
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25 March
Tesco introduces social distancing measures amid Covid-19 virus outbreak
‘Big 4’ grocer Tesco has written to customers to inform them about the latest measures put in place amid the…
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