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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Apr- 2020 -30 April
BRC appoints Tony DeNunzio as new chairman
Tony DeNunzio CBE has been appointed as chairman elect of the British Retail Consortium (BRC). He will succeed Richard Pennycook…
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30 April
Next and Dixons urge government for furlough clarity
Retailers Next and Dixons Carphone have called on the UK Government to clarify the exit strategy for its furlough scheme. …
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30 April
Sainsbury’s to face £500m profit hit
Sainsbury’s has warned that its annual profits could take a £500m hit as a result of the ongoing pandemic, despite…
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30 April
M&S announces appointment of two non-executive directors
Marks and Spencer has announced the appointment of Tamara Ingram and Sapna Sood as non-executive directors, effective 21 May. Ingram…
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29 April
Online sales reach 10% of all UK grocery spend amid Covid-19 lockdown
The share of all grocery sales made online reached 10% in the last four weeks ending 18 April 2020, according…
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29 April
Shop prices fall 1.7% as non-food items suffer
Shop Prices fell by 1.7% in April, compared with the 0.8% decrease seen in March, making it the highest rate…
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29 April
Next warns of ‘faster and steeper’ hit to sales amid Covid-19 crisis
Retail giant Next has revealed the impact of the Covid-19 lockdown on trading has been “faster and steeper” than anticipated…
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29 April
Former Sainsbury’s exec set to head Waitrose
The John Lewis Partnership is poised to appoint a former Sainsbury’s executive to head up its food operations at Waitrose…
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28 April
Games Workshop to restart online sales amid Covid-19 lockdown
Games Workshop has revealed plans to restart online orders and trade sales in Europe and North America this week, amid…
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28 April
Tesco begins laying off some of its 45,000 temporary workers
Supermarket giant Tesco has reportedly begun laying off some of the 45,000 temporary workers it hired to help meet the…
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