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 -16 July
Usdaw welcomes compulsory wearing of face coverings in shops
Retail trade union Usdaw has welcomed the mandatory wearing of face coverings in shops, but warns that it can only…
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15 July
Burberry to slash 500 roles amid Q1 sales slump
Burberry is reportedly set to slash almost 500 roles worldwide to support a £55m cost-cutting effort, amid sliding retail sales.…
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15 July
Aldi doubles Deliveroo trial size
Aldi is extending its current trial with Deliveroo into 11 new stores, including five more in London and launching in…
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15 July
Karen Mackay appointed Wilko CFO
Wilko has announced the appointment of Karen Mackay as group chief financial officer and executive board director. Mackay joins Wilko…
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15 July
Asos reports 10% sales rise during lockdown
Online fashion retailer Asos has reported a 10% increase in group sales to £1.01bn amid the Covid-19 pandemic and has…
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15 July
Dunelm sales down despite online boom
Dunelm has revealed its total sales were down by 28.6% in its fourth quarter of trading. In the quarter ended…
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14 July
Face coverings to be compulsory in shops from 24 July
Wearing a face covering in retail shops and supermarkets will be made compulsory from the 24 July, it is set…
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14 July
June retail sales show signs of recovery
Retail sales increased by 3.4% in June, against a decrease of 1.6% in June 2019, marking the first signs of…
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14 July
DFS to cut jobs as revenues slide
DFS has revealed that revenues were down by £271m in the year ended 28 June 2020, largely due to the…
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14 July
AO World reports ‘strong demand’ as revenues rise
AO World said it has experienced “strong demand” during the coronavirus pandemic, reporting a 20.3% increase in revenues to £901.6m,…
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