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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Aug- 2020 -25 August
DFS trading remains ‘strong’ despite lockdown
DFS announced today it is continuing to trade “strongly” both online and in showrooms despite the economic downturn, with year-on-year…
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25 August
UK footfall accelerates fourfold
Footfall in UK retail destinations rose by 4.1% last week against the week before, marking a “significant” acceleration in the…
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24 August
Tesco creates 16,000 new permanent roles
Tesco has unveiled plans to create 16,000 new permanent roles to support the growth of its online business. These 16,000…
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24 August
Record economic growth anticipated for Q3
The UK is reportedly on track for a record economic resurgence during the third quarter of the year, following sharp…
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24 August
Foot Locker sales jump 18% in Q2 results
Foot locker has reported a 17.1 % increase in total sales to $2bn (£1.5bn) for the second-quarter period ended 1…
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24 August
Debenhams owner calls in advisers for its own administration
The holding company of Debenhams, Celine Group Holdings, has appointed advisers to help prepare for its own administration. Celine confirmed…
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24 August
Frasers Group buys DW Sports out of administration
Frasers Group has snapped up the assets of Dave Whelan Sports (DW Sports) from its administrators for a sum of…
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21 August
TK Maxx owner suffers £161m Q2 loss
TJX Companies, the owner of fashion retailer TK Maxx, has reported a net loss of $214m (£161m) for the second…
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21 August
Ex-Asda and Debenhams chiefs in rival £6.5bn bids for Asda
Retail bosses Paul Mason and Rob Templeman are reportedly set to launch rival £6.5bn bids for supermarket giant Asda. According…
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21 August
Retail sales volumes recover slightly in July
Retail sales volumes increased by 3.6% in July when compared with June, according to new data from the ONS. The…
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