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 -12 October
PM unveils three-tiered lockdown system
Prime minister Boris Johnson this afternoon announced a new three-tier lockdown system that will see some hospitality businesses in the…
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12 October
Tesco criticised amid £315m six-month dividend
Tesco chairman John Allan said he will defend “to the death” the board’s decision to pay dividend after receiving a…
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12 October
Poundland acquires Fulton Foods
Poundland has announced its acquisition of Fulton Foods, the Northern frozen food retailer, as the latest part of its transformation…
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11 October
New Asda owners considering £3bn George sale
The Issa brothers, the new owners of ‘Big Four’ grocer Asda, are reportedly considering a £3bn sale of its clothing…
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9 October
Gov to cover 67% of wages for firms forced to shut
Chancellor Rishi Sunak has announced that businesses forced to shut due to local restrictions will be eligible for a grant…
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9 October
Edinburgh Woollen Mill Group calls in administrators
Philip Day’s EWM Group, owner of retail brands Edinburgh Woollen Mills, Peacock’s and Jaeger has announced it is to appoint…
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9 October
Retailers record best monthly in-store sales since February
High street sales in September recorded the best monthly in-store results since before Covid-19 began in February, according to new…
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9 October
Boohoo appoints responsible sourcing director
Boohoo has reportedly appointed a new responsible sourcing director as it aims to improve its practices following the independent review…
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9 October
British Land welcomes ‘encouraging’ rent collections in latest quarter
British Land has welcomed “encouraging” rent collection since lockdown, with 69% of rent collections received on its September quarter day.…
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9 October
N Brown grows retail team with appointments
N Brown Group has expanded its retail team following the appointment of Sarah Welsh as CEO. Shailina Parti has joined…
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