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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Sep- 2020 -22 September
Latest Covid-19 restrictions now legal requirements, PM says
Prime minister Boris Johnson has announced a series of new measures to curb the increase in coronavirus cases, including making…
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22 September
J Crew to close all UK stores
J Crew becomes the latest US fashion retailer to exit the UK as it prepares to close all six of…
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22 September
Hammerson eyes Ivanhoé Cambridge boss as new CEO
Shopping centre owner Hammerson is reportedly considering appointing the boss of Ivanhoé Cambridge – part of Canadian pensions giant Caisse…
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22 September
Footfall rises despite ‘rule of six’
Footfall across all retail destinations in the UK rose by 2.4% over the last week, despite the government’s new ‘rule…
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22 September
Kingfisher sales boosted by DIY boom
Kingfisher has welcomed a “resilient” performance in the first-half of the year, with sales down by 1.1% to £5.9bn. The…
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21 September
Government launches £95m recovery fund for high street
A new £95m government-funded scheme will support 68 “historic” high streets in England to recover from “declining footfall” and the…
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21 September
Philip Day considering sale of Peacocks and EWM
Retail tycoon Philip Day is reportedly considering the sale of his retail chains Peacocks and Edinburgh Woollen Mill (EWM) and…
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21 September
Aldo UK sold to BIG
Aldo UK confirmed it has been sold to the Bushnell Investment Group (BIG). Administrators from accountancy firm RSM were appointed…
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21 September
Superdry swings to £42m loss in full-year results
Superdry announced it has swung to a pre-tax loss of £41.8m in the full-year ended 25 April, 2020, with underlying…
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18 September
Westfield owner announces £8.1bn ‘reset’ plan
Westfield owner Unibail-Rodamco Westfield (URW) has announced an €9bn (£8.1bn) ‘reset’ plan which will see it attempt to raise £3.2bn…
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