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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Mar- 2020 -25 March
Covid-19: Government suspends gender pay gap reporting
The Government Equalities Office (GEO) and the Equality and Human Rights Commission (EHRC) has taken the decision to suspend enforcement…
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25 March
New Look asks landlords for three-month rent holiday
High street fashion retailer New Look has asked its landlords for a three month rent holiday as it looks to…
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25 March
UK shoppers spent an additional £467m on groceries in March
Grocery sales at UK supermarkets during the week ending 14 March increased by over 22% compared with the same period…
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25 March
Halfords forecast 25% sales slump
Halfords has warned that sales will “drop sharply” in light of the coronavirus outbreak, with a forecasted sales decline of…
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25 March
Asda announces new measures amid Covid-19 outbreak
Supermarket Asda has outlined a wide ranging package of measures to help support its colleagues and other workers whose jobs…
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24 March
Aldi to grant employees 10% bonus
Aldi has today announced that all store and distribution employees will receive a 10% bonus on their hours worked, effective…
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24 March
McColls announces stores remain open amid Covid-19 virus outbreak
McColls Retail Group has today announced that it is to keep its stores open amid the coronavirus pandemic. The convenience…
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24 March
Covid-19: UK retail spending to fall by £12.6bn
The impact of the coronavirus pandemic will wipe £12.6bn from retail sales this year, according to the latest forecast by…
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24 March
Covid-19 brings UK economy to temporary standstill, says KPMG
The impact of the Covid-19 virus is expected to see the UK economy contract by 2.6% in 2020, according to…
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24 March
Covid-19: Debenhams, Ted Baker and The Works latest to close stores
Debenhams, Ted Baker and The Works are some of the latest retailers to close stores amid the coronavirus pandemic sweeping…
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