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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Jul- 2020 -29 July
Travis Perkins reports 20% HY sales decline
DIY retailer Travis Perkins has revealed that like-for-like half-year sales declined by 20% across the group due to the impact…
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29 July
Games Workshop profits soar in full-year results
Games Workshop saw its pre-tax profits jump to £89.4m during the year ended 31 May 2020, up from £81.3 in…
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29 July
Next performance ‘better than expected’ in Q2
Next has announced that full-price sales in its second quarter fell by only 28%, welcoming the “better than expected” results…
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29 July
John Lewis appoints new executive director for people
John Lewis has appointed Nikki Humphrey as executive director for people. Humphrey joins from Virgin Atlantic where she held the…
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28 July
Selfridges to axe 450 roles
Selfridges has outlined plans to cut 450 roles across its business, equating to a 14% reduction of its total headcount.…
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28 July
Walgreens Boots Alliance CEO to exit
Walgreens Boots Alliance CEO Stefano Pessina has revealed plans to step down from the position. The board of directors said…
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28 July
Sainsbury’s trials virtual queuing system
Sainsbury’s is piloting a virtual queuing system to test whether the technology will help customers “stay safe, save time and…
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28 July
Harrods boss warns tourists may not return until 2022
The managing director of the iconic department store Harrods has warned that US and Asian tourists may not return until…
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28 July
Card Factory performance ‘exceeds’ expectations
Card Factory’s performance has “exceeded” initial expectations since the reopening of its estate, with like-for-like sales down only 21.6%, against…
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27 July
Arcadia on verge of launching restructuring process
Arcadia is reportedly set to launch a restructuring process just a year after it pushed from a CVA proposal, as…
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