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 -8 July
Boohoo launches independent review of supply chain
Boohoo has launched an “immediate, independent” review of its supply chain, following revelations of poor working conditions in a Leicester…
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7 July
Halfords cycling sales soar during lockdown
Halfords has reported a surge in sales for cycling related products and services during the Covid-19 lockdown in its preliminary…
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7 July
Allsaints creditors approve CVA
Allsaints has revealed it has received the greenlight from its creditors to go ahead with its planned CVA that will…
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7 July
Usdaw urges chancellor to announce retail recovery plan
Retail trade union Usdaw is calling on the chancellor to announce in Wednesday’s (8 June) economic statement an “urgent recovery…
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7 July
JD Sport welcomes ‘record’ results
JD Sport has welcomed “record” annual figures as it reported a 30% increase in revenue for the full-year period ended…
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6 July
NCA confirms probe into Boohoo working conditions
The National Crime Agency has confirmed it is investigating fashion retailer Boohoo following allegations of poor working conditions in a…
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6 July
Over 24,000 retail jobs lost in first half of 2020
Almost 24,348 jobs have been scrapped in the first six months of the year at large retailers which have fallen…
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6 July
Tesco demands large supplier discounts as it preps for ‘price war’
Big Four Grocer Tesco has reportedly demanded discounts of up to 50% from suppliers as it prepares for a price…
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6 July
Morrisons appoints Jeremy Townseand as non-exec director
Morrisons has announced the appointment of Jeremy Townsend as a non-executive director with immediate effect. Townsend will also be appointed…
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6 July
Boohoo to investigate illegal practices at factory
Boohoo has responded to allegations of slavery and poor working conditions after a Sunday Times exposé highlighted the conditions at…
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