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 -15 April
Oasis and Warehouse collapse into administration
Fashion retailers Oasis and Warehouse have entered administration, putting over 2,000 jobs at risk. Rob Harding and Richard Hawes, restructuring…
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15 April
HMRC adds new guidance on Coronavirus Job Retention Scheme
HMRC has issued new guidance regarding the Coronavirus Job Retention scheme and clarifies eligibility for those returning from sick leave…
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15 April
Covid-19 could cause UK economy to shrink by 35%, says OBR
The UK’s economy could shrink by as much as 35% in the second quarter of 2020 due to the Covid-19…
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15 April
Morrisons offers NHS staff 10% discount for 12 weeks amid Covid-19 crisis
‘Big 4’ grocer Morrisons has announced a 10% discount on shopping for all NHS staff for 12 weeks to support…
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15 April
Quiz reopens online operations
British Fashion retailer Quiz has revealed it has reopened its online operations after it added “additional safety measures” to keep…
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15 April
Retail footfall freefalls 83% over Easter weekend
Footfall across UK retail bricks-and-mortar destinations was 83.1% lower than Easter weekend last year and 14.5% lower than over the…
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14 April
Oasis and Warehouse set to call in administrators
Fashion retailers Oasis and Warehouse are reportedly set to appoint administrators, placing around 2,000 jobs at risk. According to Sky…
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14 April
Co-op launches fund to help raise £30m for those hit by Covid-19
Co-op CEO Steve Murrells is to direct his own personal income to kick-start a new Co-op Members Fund, which will…
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14 April
Matalan owner reportedly seeking £60m amid store closures
The owner of Matalan, John Hargreaves, is reportedly seeking a cash injection of £60m to support the fashion retailer through…
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14 April
Covid-19: Amazon seeks 75,000 new hires
Amazon announced that it is looking to hire an additional 75,000 employees across its operations in light of the ongoing…
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