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 -10 September
B&Q launches ‘Build a Life’ campaign
B&Q has launched the ‘Build a Life’ campaign, a new strategic brand initiative created with Uncommon Creative Studio, which is…
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10 September
125,500 retail jobs lost since start of 2020
Some 125,515 retail jobs have been lost since the start of 2020, according to the latest data from the Centre…
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10 September
Morrisons profits dented by £155m Covid-19 costs
Morrisons has revealed its HY profits were dented by £155m of Covid-related costs. During the first half of 2020/21, Morrisons…
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10 September
Government launches new ‘bounce back’ plan for retailers
A new series of measures has been announced by the UK Government to support businesses in the consumer and retail…
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10 September
Online sales soar at Dunelm
Dunelm pre-tax profit fell by 13.3% to £109m in the full-year ended 27 June 2020, while total sales were down…
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9 September
Pizza Hut to close 29 sites, 450 jobs cut
Pizza Hut has confirmed it is to close 29 sites as part of a Company Voluntary Agreement (CVA) that will…
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9 September
New Look seeks support from landlords as CVA deadline approaches
New Look is calling on its landlords to support a restructuring plan to reduce rent paid on retail sites, after…
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9 September
Ewan Venter to leave CEO role at Fortnum & Masons
Department store Fortnum and Mason has announced its CEO Ewan Venters is to leave the business in the new year…
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9 September
Travis Perkins profits slump 80%
Travis Perkins has reported a 80.9% decrease in adjusted operating profits to £42m for the half-year period ended 30 June…
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9 September
Majority of UK consumers change their shopping habits during lockdown
A study by online market vendor Capterra has revealed how consumers’ shopping habits have changed since the start of Covid-19. …
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