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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May- 2020 -28 May
Mike Ashley fails to prompt financial investigation into Debenhams
Retail mogul Mike Ashley has failed to trigger an investigation into the financial affairs of embattled department store chain Debenhams,…
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28 May
British Land sees over £1bn wiped off its property value
British land has seen over £1bn wiped off the value of its portfolio which it has attributed to a shift…
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28 May
Boohoo buys out Pretty Little Thing
Boohoo has announced the acquisition of the remaining 34% of shares in Pretty Little Thing (PLT) from minority shareholders, in…
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28 May
McColls appoints Giles David as CFO
McColls Retail Group has announced the appointment of Giles David to its board as chief financial officer (CFO). David will…
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27 May
UK online sales surge by more than 100% in May
UK online sales surged by 103% in the four weeks ended 16 May, according to new data from Nielsen. The…
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27 May
Frasers Group CFO blames reopening delay on ‘Cummings fiasco’
Chris Wooton, the chief financial officer of the Frasers Group, has blamed the new opening date for non-essential retail as…
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27 May
Hammerson CEO David Atkins to step down
Shopping centre owner Hammerson has announced that its CEO, David Atkins, has decided to step down from his role. Atkins…
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27 May
Bank Holiday footfall surges 50% as lockdown eased
High street footfall surged 49% over bank holiday Monday against Easter Monday, according to the latest figures from Springboard. Footfall…
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26 May
Non-essential retailers set to open in June
Thousands of high street shops, department stores and shopping centres across England are set to reopen next month once they…
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26 May
Crew Clothing owner abandons attempt to back out of Moss Bros takeover
Brigadier Acquisition, a vehicle set up by the owner of Crew Clothing, has abandoned its attempt at backing out of…
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