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 -6 May
Card Factory online sales soar over 250% amid UK lockdown
Cards and gifts retailer Card Factory has reported a 267.5% increase in online sales since the UK lock-down began in…
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6 May
Waitrose to open new distribution centre to double deliveries in London
Waitrose this week will open a new six-acre Customer Fulfilment Centre in Enfield, North London, to double its online grocery…
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6 May
McColls CFO departs to join Holland and Barrett
McColls CFO Robbie Bell has announced his departure from the convenience store chain to take up an equivalent role at…
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6 May
CMA blocks JD Sport merger
The Competition and Markets Authority (CMA) has announced its decision to block JD Sports’ purchase of Footasylum after finding it…
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5 May
Furlough errors could cost small firms
SMEs are making errors on their applications for the Government’s furlough scheme, meaning they will have to repay thousands of…
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5 May
Chancellor promises no ‘cliff-edge’ end to furlough scheme
Chancellor Rishi Sunak has promised there will not be a “cliff-edge” end to the Government’s furlough scheme. Speaking to ITV…
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5 May
Government launches £6.1m fund to help high streets through pandemic
Business Improvement Districts (BIDs) are set to receive a £6.1m funding boost to help high streets and town centres through…
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5 May
J.Crew files for bankruptcy protection
J.Crew has become the first major US retailer to officially file for bankruptcy protection amid the global lockdown. As per…
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5 May
JD Sports blocks director appointment at Boohoo
Sportswear giant JD has reportedly blocked non-executive director Kath Smith from joining online fashion retailer Boohoo in the same role.…
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4 May
Sports Direct managers say firm asked them to work while on furlough
Mike Ashley’s Sports Direct and House of Fraser firms reportedly asked store managers to work one day a week despite…
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