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 -14 September
Insolvent companies cost taxpayers £250m
Insolvent companies that were unable to pay their debts in the first six months of 2020 have cost British taxpayers…
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14 September
Matalan CEO steps down
Matalan CEO Jason Hargreaves has stepped down from leading his family’s company after seven years at the helm. Hargreaves is…
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14 September
Arcadia Group ‘extremely sorry’ amid notice pay U-turn
Arcadia Group has agreed to pay the full salaries of head office staff facing redundancy, after backtracking on its initial…
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11 September
LVMH plans counter lawsuit against Tiffany & Co
LVMH has announced it plans to file a counter lawsuit against Tiffany & Co after the collapse of a takeover…
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11 September
Games Workshop shares jump amid soaring sales
Games Workshop saw shares jump almost 20% in early trading yesterday, after posting strong preliminary trading results for the three…
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11 September
Amazon offered $20bn stake in Reliance Retail
Amazon has reportedly been offered a $20bn (£15.2bn) stake in Reliance Industries’ retail arm by its owner and Asia’s richest…
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11 September
Businesses hit by local lockdowns to receive grants
Businesses in England that are required to shut due to local lockdowns will now be able to claim up to…
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10 September
B&Q launches ‘Build a Life’ campaign
B&Q has launched the ‘Build a Life’ campaign, a new strategic brand initiative created with Uncommon Creative Studio, which is…
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10 September
125,500 retail jobs lost since start of 2020
Some 125,515 retail jobs have been lost since the start of 2020, according to the latest data from the Centre…
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10 September
Morrisons profits dented by £155m Covid-19 costs
Morrisons has revealed its HY profits were dented by £155m of Covid-related costs. During the first half of 2020/21, Morrisons…
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