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.
-
Jul- 2020 -29 July
Next performance ‘better than expected’ in Q2
Next has announced that full-price sales in its second quarter fell by only 28%, welcoming the “better than expected” results…
Read More » -
29 July
John Lewis appoints new executive director for people
John Lewis has appointed Nikki Humphrey as executive director for people. Humphrey joins from Virgin Atlantic where she held the…
Read More » -
28 July
Selfridges to axe 450 roles
Selfridges has outlined plans to cut 450 roles across its business, equating to a 14% reduction of its total headcount.…
Read More » -
28 July
Walgreens Boots Alliance CEO to exit
Walgreens Boots Alliance CEO Stefano Pessina has revealed plans to step down from the position. The board of directors said…
Read More » -
28 July
Sainsbury’s trials virtual queuing system
Sainsbury’s is piloting a virtual queuing system to test whether the technology will help customers “stay safe, save time and…
Read More » -
28 July
Harrods boss warns tourists may not return until 2022
The managing director of the iconic department store Harrods has warned that US and Asian tourists may not return until…
Read More » -
28 July
Card Factory performance ‘exceeds’ expectations
Card Factory’s performance has “exceeded” initial expectations since the reopening of its estate, with like-for-like sales down only 21.6%, against…
Read More » -
27 July
Arcadia on verge of launching restructuring process
Arcadia is reportedly set to launch a restructuring process just a year after it pushed from a CVA proposal, as…
Read More » -
27 July
Hotel Chocolat sees 200% digital sales boost during Q4
Confectionery retailer Hotel Chocolat has reported a 200% surge in digital sales during its fourth quarter of trading. This was…
Read More » -
27 July
Debenhams seeks potential buyer
Debenhams has confirmed that administrators are considering its sale to a third party in a bid to lead the business…
Read More »
