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.
-
Dec- 2020 -3 December
Post-lockdown footfall increases by 64.5%
Springboard has revealed that footfall across all UK retail destinations was 64.5% higher yesterday ( Wednesday 2 December) than the…
Read More » -
3 December
Sainsbury’s forgoes £410m rates relief
Sainsbury’s has joined rivals Tesco and Morrisons in a pledge to repay the government’s business rates relief, bringing the total…
Read More » -
3 December
Retail hiring falls 20%
Hiring in the UK’s retail sector was down 19.7% in October compared to the same month last year, according to…
Read More » -
3 December
Arcadia brings forward pension fund payment
The owner of Arcadia, Lady Christina Green, is set to bring forward a payment of £50m that will go into…
Read More » -
2 December
Bonmarche calls in administrators, 1,500 jobs at risk
Bonmarche has collapsed into administration for the second time this year, placing 1,500 jobs at risk. Damian Webb and Gordon…
Read More » -
2 December
Beauty Bay considers a stock market listing
Online cosmetics store, Beauty Bay is reportedly considering a stock market listing, following the surge in valuation fellow digital retailer…
Read More » -
2 December
Foot Locker CFO retires
Foot Locker has announced that Lauren B. Peters, executive VP and CFO of the group, will step down and retire…
Read More » -
2 December
John Lewis halts international business plans
John Lewis has announced that it is shutting its international business operations only weeks before Christmas, according to The Times.…
Read More » -
2 December
Tesco to repay £585m rates relief
Tesco has announced that it will repay £585m in business rates relief to the UK government and devolved administrations. The…
Read More » -
1 December
Sosandar sales soar in H1
Online retailer Sosandar has announced that revenue soared by 52% to £4.28m in the half-year ended 30 September 2020, up…
Read More »
