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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Feb- 2020 -24 February
Harrods security guards’ strike suspended after renewed talks
Strike action by security officers and CCTV operators at department store Harrods has been suspended following renewed talks with the…
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21 February
Phillip Day’s Peacocks acquires Bonmarché
Embattled high street retailer Bonmarché has been sold to Peacocks, part of Phillip Day’s Edinburgh Woollen Mill Group (EWM). According…
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21 February
Gymshark launches its first physical retail store in Covent Garden
Gymshark London has announced the opening of its first ever retail store in Covent Garden. The activewear brand’s first bricks-and-mortar…
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21 February
Hammerson offloads seven retail parks to Orion in £400m deal
Hammerson has announced it has agreed a deal to offload a portfolio of seven retail parks to Orion European Real…
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20 February
Retail footfall buffeted by stormy weather in February
Storm Ciara, which hit the UK the weekend of 8 February 2020, saw UK retail footfall plummet by 15.3%. According…
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20 February
Lidl pledges £1.3bn to store expansion as it opens 800th UK site
Lidl has opened its 800th store in Great Britain today (20 February) and has pledged to invest over £1bn in…
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20 February
Laura Ashley reports ‘disappointing’ £4m loss
Fashion retailer Laura Ashley has reported losses before tax of £4m for the half-year period ended 31 December 2019. The…
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19 February
Revo calls on Government to ‘make good’ on review of business rates system
Revo, which supports businesses in the retail property and placemaking sector, has called on the UK Government to “make good”…
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19 February
Beales to shutter 11 remaining stores
The administrators of Beales have announced the plans to close the department store chain’s remaining 11 stores and associated stock…
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19 February
Nike announces senior leadership changes
Sportswear giant Nike has announced a raft of changes to its senior leadership team, marking the first set of appointments…
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