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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Jul- 2020 -16 July
Asos to consider legal action against Leicester supplier
Asos is reportedly considering legal action against a Leicester supplier after it was found to be in breach of its…
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16 July
Next set for Victoria’s Secret UK takeover
Next has reportedly agreed an outline deal to acquire the UK arm of Victoria’s Secret, fending off competition from Marks…
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16 July
Usdaw welcomes compulsory wearing of face coverings in shops
Retail trade union Usdaw has welcomed the mandatory wearing of face coverings in shops, but warns that it can only…
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15 July
Burberry to slash 500 roles amid Q1 sales slump
Burberry is reportedly set to slash almost 500 roles worldwide to support a £55m cost-cutting effort, amid sliding retail sales.…
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15 July
Aldi doubles Deliveroo trial size
Aldi is extending its current trial with Deliveroo into 11 new stores, including five more in London and launching in…
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15 July
Karen Mackay appointed Wilko CFO
Wilko has announced the appointment of Karen Mackay as group chief financial officer and executive board director. Mackay joins Wilko…
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15 July
Asos reports 10% sales rise during lockdown
Online fashion retailer Asos has reported a 10% increase in group sales to £1.01bn amid the Covid-19 pandemic and has…
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15 July
Dunelm sales down despite online boom
Dunelm has revealed its total sales were down by 28.6% in its fourth quarter of trading. In the quarter ended…
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14 July
Face coverings to be compulsory in shops from 24 July
Wearing a face covering in retail shops and supermarkets will be made compulsory from the 24 July, it is set…
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14 July
June retail sales show signs of recovery
Retail sales increased by 3.4% in June, against a decrease of 1.6% in June 2019, marking the first signs of…
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