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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Aug- 2020 -28 August
Pret a Manger to cut 2,800 jobs
Pret a Manger has confirmed it is to cut 2,800 high street jobs as part of a restructuring following almost…
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28 August
Screwfix to open 40 new stores, 400 jobs created
Screwfix is set to open 40 stores this year, in a move that will create around 400 new jobs in…
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28 August
H&M Group appoints new chief technology officer
H&M has appointed Alan Boehme as the business’s new chief technology officer as it continues to accelerate its digitalisation work.…
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27 August
Majority of retail office workers feel unsafe returning to work after Covid-19
Only 28% of office workers in the retail, catering and leisure sector feel safe returning to work after the pandemic,…
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27 August
The Hut Group unveils £4.5bn IPO plan
Online retailer The Hut Group (THG) has confirmed its intention to launch a stock market flotation that values the company…
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27 August
DFS offloads The Sofa Workshop
DFS has announced an agreement to sell the entire issued share capital of The Sofa Workshop Limited to Halo Furnishings…
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27 August
Younger Brits drive corner shop lockdown revival
Younger UK consumers have been the “driving force” behind the revival of the corner shop, according to research carried out…
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26 August
Retailers tap into ‘back to school’ feeling to boost sales
Retailers have been advised to tap into the “back to school” feeling to help sales as the recession hits, according…
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26 August
Frasers Group to review Bob’s stores after Nike ends deal
Frasers Group has announced it has placed its US subsidiary Bob’s Stores under review after sportswear giant Nike ended its…
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26 August
Retail jobs in sharpest fall since 2009
Retail employment fell at the fastest rate since February 2009 in the year to August, with an even sharper decline…
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