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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Sep- 2020 -16 September
EOTHO pushes UK inflation down to five-year low
The Consumer Prices Index (CPI) 12-month rate fell to 0.2% in August 2020, down from 1% in July, according to…
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16 September
H&M to return to profitability in Q3
H&M has announced it expects to return to profitability after experiencing a “better-than-expected” recovery during the third quarter of the…
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16 September
Covid forcing 4 in 10 SMEs to put sale plans on hold
SMEs across the UK have had to “tear up” business succession plans due to Covid-19 with four in 10 placing…
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16 September
Nectar points given with Argos purchases for first time
Sainsbury’s has revealed that Nectar points will now be offered with Argos purchases for the first time ever. The supermarket…
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16 September
Keir Starmer backs Usdaw’s call for government support
Retail trade union Usdaw has welcomed Keir Starmer’s backing for targeted government support to help save jobs and businesses in…
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15 September
Creditors approve New Look CVA
New Look has announced that a CVA proposal launched last month has been approved by the majority of its unsecured…
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15 September
UK supermarket sales begin to stabilise
After a period of “accelerated growth”, UK supermarket sales have begun to stabilise, but Brits now shop for groceries online…
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15 September
Unemployment rate rises to 4.1% in July
The rate of unemployment in the UK increased 0.2% to 4.1% in the two months to July 2020, according to…
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15 September
Ocado sales surge as it praises M&S switch
Online grocer Ocado has revealed it has reported a 52% surge in sales during the third quarter of the year,…
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15 September
Next takes majority stake in Victoria’s Secret
Victoria’s Secret owner L Brands has announced it has formed a joint venture with Next which will see the retailer…
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