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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Jan- 2021 -25 January
Retail sector set for 200,000 job losses
The UK’s retail sector has been forecasted to see 200,000 job losses in 2021, as Covid-19 continues to cause deep…
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25 January
Feelunique sales soar in golden quarter
Online beauty retailer Feelunique has welcomed a period of “strong” trading during its golden quarter, with sales soaring by 39%…
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25 January
Coty appoints new chief procurement officer
Coty has announced the appointment of Stéphane Delbos as its new chief procurement officer. Delbos, who joined the beauty company…
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22 January
EG Group appoints Lord Stuart Rose as chair
The Issa Brothers’ EG Group has announced the appointment of Lord Stuart Rose as non-executive chairman with immediate effect. Lord…
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22 January
Selfridges endures ‘most difficult year’ thanks to 2019 performance
Selfridges has endured the “most difficult year” in its 113-year history, but was able to weather the storm. The chain…
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22 January
Retail sales fall to lowest ever annual level
The retail sector has suffered its largest annual fall since records began, with total sales down 1.9% against the year…
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22 January
Next pulls out of Arcadia race
Next has allegedly withdrawn from the race to acquire Arcadia Group, after the store was unable to meet the price…
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22 January
John Lewis repays £300m to the Treasury early
John Lewis has announced it has repaid £300m early to the Treasury and the Bank of England Covid Corporate Financing…
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22 January
The Works reports revenue decline of 7.8%
The Works has reported a revenue decline of 7.8% to £88.9m in the 26 weeks to 25 October. The stationery…
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21 January
WH Smith postpones CEO’s £25k pay rise
WH Smith has revealed it has postponed its planned £25,000 pay rise for its CEO Carl Cowling, after 33% of…
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