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 -19 August
Usdaw leader launches petition to protect retail staff from violence and abuse
Usdaw general secretary Paddy Lillis has today (19 August) launched a House of Commons petition calling on the Government to…
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19 August
Asda delivers ‘record’ online sales in Q2
Asda has announced that like-for-like sales, excluding fuel, increased by 3.8% year-on-year in the quarter ended 30 June. In its…
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18 August
C&A chairman outlines revival plans
C&A chairman Allan Leighton is reportedly planning to “turnaround” the 179-year-old clothing retailer, by making the company independent of its…
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18 August
Hamleys CEO to step down
Hamleys chief executive, David Smith, is to step down from the position after only six months with the iconic toy…
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18 August
Grocery growth slows as market eases out of lockdown
The latest grocery market share figures from Kantar show take-home grocery sales growth slowed to 14.4% year on year during…
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18 August
M&S to axe 7,000 jobs
Marks and Spencer has announced its plan to axe 7,000 roles across the business over the next three months. It…
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17 August
Debenhams draws up contingency plans for potential liquidation
Debenhams has reportedly drawn up contingency plans in the event of a potential liquidation, as it continues to weather the…
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17 August
Mike Ashley’s Frasers Group makes £30m bid for DW Sports
Mike Ashley’s Frasers Group has reportedly made a takeover bid for former rival Dave Whelan’s DW Sports. According to the…
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17 August
Selfridges launches sustainability initiative
Selfridges has announced the launch of a “transformational” sustainability initiative entitled Project Earth. The initiative builds upon previous steps the…
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14 August
River Island set to axe 350 jobs
River Island is reportedly set to axe almost 350 store management and sales roles as it continues to weather the…
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