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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Jun- 2020 -12 June
UK GDP slumps over 20% in April as full impact of Covid-19 is felt
GDP slumped by 20.4% in April 2020, following a fall of 5.8% in March, according to the latest figures from…
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12 June
Curry’s PC World to reopen 131 stores as ‘tech help hubs’
Currys PC World has unveiled plans for a phased reopening of 131 of its stores from next week, initially opening…
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12 June
The Works aims to reopen 465 stores next week
The Works has announced it is aiming to reopen 465 stores across England, Northern Ireland and the Republic of Ireland…
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12 June
Poundstretcher faces CVA, 5,500 jobs at risk
Poundstretcher is facing a risk of closure across the majority of its estate, following news it is launching a CVA…
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11 June
Majority of SMEs believe UK is headed for deep recession post-pandemic
Almost seven in 10 (69%) small business owners believe the UK is heading for a deep recession following the coronavirus…
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11 June
CBI names Tony Danker as its next director-general
The CBI has announced that Dame Carolyn Fairbairn, who is stepping down as director-general in November, will be succeeded by…
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11 June
Fenwick to reopen all nine UK stores on 15 June
Department store Fenwick revealed that all nine of its UK stores will reopen from Monday (15 June) as lockdown measures…
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11 June
B&M hails year of ‘solid growth’ despite pandemic
B&M has revealed that group revenue increased by 16.5% to £3,813.4m in the full-year ended 28 March, despite the effects…
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10 June
Quiz places loss-making stores into administration
Quiz has revealed it is placing the division that runs some of its loss-making stores into administration. Quiz said that…
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10 June
Signet to close 80 UK stores permanently
Signet Jewelers has announced that it will not reopen 80 of its UK stores, in an effort to emerge “stronger…
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