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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Oct- 2020 -20 October
Asda opens new sustainability store
Asda has opened a new sustainability trial store and unveiled a new plastics reduction strategy that pledges that customers will…
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20 October
Hamleys to axe a quarter of staff
Iconic toy retailer Hamleys is reportedly set to cut more than a quarter of its London workforce. According to The…
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20 October
Footfall continues decline following tiered restrictions
Footfall fell by 3.1% across all retail destinations last week from the week before, following tiered restrictions being introduced across…
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20 October
Watches of Switzerland appoints new chairman
Watches of Switzerland has appointed Ian Carter as non-executive chairman of its board, with effect from 1 November. Carter brings…
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19 October
Wales announces ‘firebreak’ lockdown
The Welsh government has announced a two-week “firebreak” national lockdown, which will force business closures across the country from 23…
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19 October
PwC to step down as Boohoo auditor
Accountancy firm PwC is to step down from its role as auditors of fast fashion chain Boohoo after six years…
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19 October
Landsec to dispose of retail parks
Landsec has unveiled its plans to dispose of its retail parks where there is “little or no competitive advantage”, in…
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19 October
Waitrose expands Deliveroo grocery service
Waitrose has expanded its grocery trial with Deliveroo in 25 new locations across the UK, reaching 3.1 million households. The…
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19 October
11,000 shops closures since lockdown, double rate of last year
Shop closures in the UK have hit record levels with over twice as many net closures in the first half…
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16 October
Superdry CFO steps down
Superdry has announced CFO Nick Gresham will step down from the company with immediate effect. The fashion retailer said a…
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