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 -13 July
Footfall suffers despite June reopening
Footfall in June saw a “significant improvement” against the 73.3% decline reported in May, but was still less than half…
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10 July
John Whittaker steps downs as Intu chairman
John Whittaker has reportedly stepped down from his role as chairman of embattled shopping centre owner Intu. According to Property…
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10 July
Online retail sales continue to boom despite reopenings
Even as the high street came out of hibernation last month, June’s online retail sales spiked to a 12-year high…
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10 July
Footfall decline eases amid ‘sluggish’ recovery
Footfall across the UK rose by 19% in June against the month prior, but was still down by 62.6% year-on-year,…
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10 July
Alex Russo appointed B&M CFO
Discount retailer B&M has appointed Alex Russo as CFO and executive director, with effect from 16 November 2020. Further to…
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10 July
Usdaw ‘disappointed’ PM fails to back shop worker protection law
Retail trade union Usdaw has criticised the prime minister for failing to back a new law to protect shop workers…
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9 July
West Midlands man arrested on suspicion of £495,000 furlough fraud
A West Midlands man has been arrested as part of an HM Revenue and Customs (HMRC) investigation into a suspected…
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9 July
Boots set to slash 4,000 jobs
Boots is reportedly set to slash almost 4,000 roles as it seeks to restructure its head office and store teams.…
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9 July
John Lewis shutters eight stores, 1,300 jobs at risk
John Lewis has confirmed it will not be reopening eight sites across the UK, and will now enter into consultation…
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9 July
Aldi to remove over 2 billion pieces of plastic by 2025
Discount grocer Aldi has pledged to reduce the volume of plastic packaging used by 50% by 2025. The new commitment…
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