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 -28 April
Marks and Spencer suspends dividends, secures funding
Marks and Spencer has announced it will not pay a dividend for the 2020/21 financial year in its latest effort…
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28 April
UK economy not expected to recover until 2023, study suggests
The UK’s economy is not expected to return to normal until 2023 due to the coronavirus pandemic, according to a…
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27 April
Chancellor announces 100% guarantee on small business loans
Chancellor Rishi Sunak has announced the launch of a new ‘bounce back’ emergency loan scheme for small businesses, which will…
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27 April
JD Sports to delay full-year results
Sports fashion retailer JD Sports has revealed plans to delay its full-year results to 7 July 2020, as the Covid-19…
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27 April
Homebase reopens 20 stores
DIY retailer Homebase has revealed it has reopened 20 of its stores across the UK after it was deemed an…
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27 April
BRC issues new guidance on re-opening stores
The British Retail Consortium (BRC) has issued new guidance for shops regarding procedures to maintain when businesses re-open following the…
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27 April
Co-op expects £200m increase in costs amid Covid-19 crisis
The Co-op has warned that the Covid-19 pandemic is expected to increase its costs by over £200m. The grocery retailer…
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24 April
UK consumer confidence remains steady despite nearing record low
GfK’s long-running Consumer Confidence Index has remained at -34 for April, only five points away from the record -39 low…
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24 April
Hammerson’s £400m retail park disposal in doubt as Orion stalls
Hammerson has revealed its previously agreed £400m sale of seven of its retail parks has been put in doubt after…
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24 April
Gear 4 Music reports 9% increase in FY sales despite Covid-19 impact
Musical instruments retailer, Gear 4 Music has reported a 9% increase in sales to £120.3m amid the Covid-19 pandemic. In…
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