News
News is Retail Sector’s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.
Retail Sector’s news coverage focuses on the business realities behind the headlines — providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.
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Jul- 2020 -21 July
Co-op outlines plans on face coverings
Central England Co-op has outlined plans for its staff to begin to wear face coverings early to promote their use ahead of them becoming compulsory for customers on Friday (24 July). Central England Co-op, which has over 400 food stores and funeral homes across 16 counties, is asking customers to…
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21 July
Jigsaw mulls potential sale
Jigsaw has reportedly drafted in advisors to lead a strategic review of the fashion chain, which could see the business change hands in a potential sale. According to Sky News, the retailer’s board will work alongside two firms of advisers to oversee rent negotiations with landlords and seek out prospective…
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20 July
M&S to cut 950 jobs
Marks and Spencer (M&S) has announced it will cut 950 jobs in a bid to restructure its business in the wake of the Covid-19 crisis. The high street retailer announced it plans to “accelerate the pace and scale” in a statement released today (20 July), adding that it aimed to…
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20 July
Ted Baker set to axe 500 jobs
Fashion retailer Ted Baker is reportedly set to axe almost 500 head office and retail jobs. According to the Sunday Times, some 200 jobs will be cut at its London headquarters, the Ugly Brown Building, with the remaining 300 roles being slashed across its 46 stores and concessions. The move…
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20 July
Harvey Nichols warns staff of redundancies
Harvey Nichols has reportedly warned staff they may be facing a slew of redundancies in the wake of coronavirus. According to the Times, chief executive Manju Malhotra warned “there may be staff redundancies at all locations” in an email sent to 1,500 staff, adding that the crisis would “change the…
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20 July
UK retailers call for ‘urgent action’ to end labour exploitation
A number of fashion retailers including Asos, Missguided, River Island and M&S have called on the Home Secretary, Priti Patel, to take “urgent action” to address exploitation in the UK’s fashion supply chain. Retailers including George at Asda, Joules, Matalan, Morrisons, Mountain Warehouse, N Brown, Next and The Very Group,…
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20 July
‘Hundreds’ of jobs to be axed at M&S
Marks and Spencer is expected to announce a raft of job cuts this week, becoming the latest high street casualty in the wake of Covid-19. According to Sky News, the retailer will unveil its widespread redundancy plan “within days”, with hundreds of jobs expected to be axed. It comes as…
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17 July
Intu slashes 46 head office roles
Intu has slashed 46 roles across its London head offices, following its collapse into administration at the end of June. A spokesperson for the joint administrators confirmed the news, and said that a further 15 roles have also been cut at Intu Broadmarsh in Nottingham, which was the result of…
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17 July
White Stuff makes 390 staff redundant
Clothing retailer White Stuff has reportedly made 390 staff redundant from its head office and UK retail stores. According to Drapers, the move has been made as it accelerated its transformation programme due to the impact of Covid-19 and follows a consultation period which started in May. The losses reportedly…
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17 July
John Lewis extends Co-op partnership
John Lewis has announced plans to extend its click-and-collect delivery partnership with the Co-op to over 500 stores by the end of the summer. The move will see the total number of John Lewis Partnership click and collect locations increase to nearly 900, double the number of current click and…
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