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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Oct- 2020 -23 October
Liverpool leaders call on public to support local retailers
Liverpool’s business leaders have called on everyone across the region to “unite and support local”, in a bid to help…
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23 October
Gap considers closure of all European stores
Gap has launched a strategic review for its European business that may result in the possible closures of company-operated stores…
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23 October
UK retail sales grow for fifth month in a row
Retail sales in the UK have risen for the fifth consecutive month, despite the introduction of the tiered lockdown system,…
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22 October
Sunak extends Covid scheme to pay up to half of wages
Chancellor Rishi Sunak has announced increases to the Job Support Scheme, which will now see the government pay up to…
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22 October
Travis Perkins like-for-like group sales decline 3.4%
Travis Perkins has reported its total like-for-like group sales declined 3.4% in Q3 compared with the same period last year,…
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22 October
TM Lewin owner eyes Jaeger bid
The owner of menswear retailer TM Lewin is reportedly considering a bid for Phillip Day’s embattled retail brand Jaeger. According…
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22 October
Sky set to open first retail stores
Sky has announced it is launching its first ever bricks-and-mortar retail shops across the UK, in a bid to “bring…
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22 October
Gear4music full-year results to be ‘ahead of expectations’
Gear4music has revealed its full year results will likely be ahead of expectations after it experienced strong sales growth in…
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21 October
UK inflation rises to 0.5% after EOTHO ends
UK inflation for the month of September increased to 0.5% after the end of the Government’s Eat Out to Help…
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21 October
Retailers pay £1.1bn to accept customer payments
The cost to retailers of accepting payments reached £1.1bn in 2019, of which £950m was from card payments. It comes…
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