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 -27 July
Debenhams seeks potential buyer
Debenhams has confirmed that administrators are considering its sale to a third party in a bid to lead the business…
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24 July
Consumer anxiety halves in June
The number of consumers comfortable about returning to shops almost doubled from May to June, with “anxious consumers becoming optimistic…
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24 July
Dyson to axe 900 jobs
Dyson is set to cut almost 900 jobs as a result of consumers turning to online purchases during the Covid-19…
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24 July
Naked Wines chairman to step down
Naked Wines chairman, John Walden, has announced he will step down from the position. Walden has informed the board of…
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24 July
Retail sales boosted in June
The volume of retail sales rose by 13.9% in June against May figures, as non-food and fuel stores continued their…
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23 July
Fraser Group warns of closures amid business rates valuation delay
Mike Ashley’s Fraser Group has warned that a number of its stores could shutter as a result of the Government’s…
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23 July
Brits spend £40bn during lockdown
Consumers spent £40.6bn on dispensable or luxury items during lockdown, according to the latest figures from Barclaycards Payments. Its latest…
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23 July
Gear4music reports 80% increase in UK sales
Gear4music has reported an 80% increase in UK sales to £21.2m in its first quarter of the current year, compared…
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23 July
Sales break expectations at Eve Sleep
Eve Sleep has announced that group revenue was “ahead” of expectations at £12.2m for the half-year period ended 30 June…
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22 July
Covent Garden owner offers rent relief for embattled tenants
The owner of Covent Garden, Capital and Counties (Capco), has offered to support its tenants through restructured lease agreements. Capco…
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