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 -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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9 July
Frasers Group to stop rent payments until it can ‘freely trade’
Mike Ashley’s Frasers Group has reportedly told landlords that it will withhold rent payments until it is “fully able to…
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9 July
OnBuy preps for global expansion
OnBuy has announced it will launch globally this summer, after securing a £5m investment. It comes as the online marketplace…
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9 July
Asda launches home delivery partnership with Uber Eats
Asda has announced its partnership with Uber Eats to offer customers “greater flexibility” and access to its products. The trial,…
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8 July
Chancellor unveils new £9bn retention scheme
Chancellor Rishi Sunak has unveiled a new scheme to pay companies £1,000 bonus per employee for those they keep on…
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