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 -20 May
Matalan founder sues PwC over ‘misguided’ tax advice
PwC is reportedly being sued by the founder of Matalan over “misguided” tax advice. John Hargreaves, who set up the…
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20 May
Johnsons Shoes Company enters administration
Johnsons Shoes Company, which operates 12 stores under the brands Johnsons Shoes and Bowleys Fine Shoes, has entered administration due…
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20 May
Asda sees Q1 sales rise 3.5%
Big four grocer Asda has reported a 3.5% like-for-like sales rise during the first quarter of the year following a…
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20 May
Marks and Spencer profits tumble in full-year results
Marks and Spencer has announced that profit before tax tumbled 20.2% to £67.2m in the full-year ended 28 March 2020. …
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20 May
Deliveroo expands partnership with Majestic Wines to 80 locations
Deliveroo and Majestic Wines has announced the expansion of its delivery partnership to cover 80 UK sites across the UK,…
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19 May
Topps Tiles reports losses of £4m in half-year results
Topps Tiles has reported pre-tax losses of £4m for the half-year period ended 28 March, down from the profits of…
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19 May
N Brown secures new funding as sales drop 25% since lockdown
Jacamo, JD Williams and Simply Be owner N Brown has revealed it has secured a new £50m funding facility as…
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19 May
Ted Baker appoints David Wolffe as CFO
Global lifestyle brand, Ted Baker, has announced the appointment of David Wolffe as its new chief financial officer with immediate…
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19 May
Aldi trials grocery home delivery with Deliveroo
Aldi has announced it has teamed up with Deliveroo on trailing an on-demand grocery home delivery service in the UK.…
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19 May
French Connection seeks urgent funding
French Connection has revealed it is in “active discussions” with potential funding partners in order to seek emergency cash as…
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