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 -8 April
Sainsbury’s lifts food restrictions as stock levels improve
In a letter to customers Sainsbury’s CEO Mike Coupe has revealed that the supermarket giant has lifted buying restrictions on…
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8 April
Asos reports 25% drop in sales amid Covid-19 crisis
Online retailer Asos has reported a 25% decrease in group sales over past three weeks as the UK battles the…
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8 April
Tesco: Sales rise 30%, but virus could cost nearly £1bn
Tesco has revealed that its sales rose 30% in the first few weeks of the coronavirus crisis, in light of…
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7 April
Ocado unveils new measures as it apologises for inability to meet demand
Ocado has issued an apology to its customers for being unable to meet the current demand for its deliveries which…
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7 April
Footfall nosedives by 81%
Footfall across bricks and mortar retail destinations declined by 75.1% in the week beginning 22 March, according to the latest…
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7 April
Eve Sleep promotes Cheryl Calverley as CEO
Sleep wellness brand Eve Sleep has announced CEO, James Sturrock, has informed the board of his intention to step down…
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7 April
Waitrose reverses decision on controversial ‘time bank’ scheme
Waitrose has made a u-turn on its controversial ‘time bank’ scheme which expected employees self-isolating without symptoms and unable to…
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7 April
Clarks confirms ‘small number’ of permanent closures
Footwear retailer Clarks has confirmed it is to close a “small number of stores’ following a review of its store…
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7 April
Tesco to launch NHS Nightingale pop-up stores
‘Big 4’ grocer Tesco has announced plans to open pop-up convenience stores at NHS Nightingale sites across the UK, amid…
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7 April
WH Smith raises £166m through share placing
WH Smith has raised £166m through a share placing in efforts to shore up its finances amid the ongoing coronavirus…
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