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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May- 2020 -13 May
Sharpest decline on record as sales fall amid lockdown
Total retail sales tumbled by 19.1% in the four weeks ended 2 May, according to the latest BRC-KPMG Retail Sales…
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13 May
Dobbies reopens 54 UK sites amid Covid-19 pandemic
Garden centre chain Dobbies is to reopen all of 54 of its UK sites today (13 May 2020), following government…
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12 May
Chancellor extends furlough scheme until October
Chancellor of the Exchequer Rishi Sunak has extended the Government’s furlough scheme until the end of October. Announcing the decision…
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12 May
Chancellor expected to extend furlough scheme to September
Chancellor of the Exchequer Rishi Sunak is expected to extend the Government’s coronavirus furlough scheme to September, but reduce the…
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12 May
Kingfisher sales drop 25% in Q1 results
B&Q and Screwfix owner B&Q has revealed its first quarter sales fell by 24.8% to £2.2bn as the impact of…
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12 May
AO expects full year revenues will be in line with expectations
Online electricals retailer AO World has said that it expects its full-year revenues and adjusted EBITDA to fall within the…
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12 May
Morrisons sales rise in ‘volatile’ quarter
Morrisons has revealed that trading in the first quarter of 2020 was “volatile” in light of the ongoing pandemic, despite…
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11 May
Mike Ashley and Peter Cowgill in race to acquire Office
Sports Direct owner Mike Ashley and JD Sports owner Peter Cowgill have both been revealed as bidders for footwear retailer…
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11 May
Retail industry responds to PM’s conditional plan to ease lockdown
The retail industry has reacted to the prime minister’s announcement last night that outlined a ‘conditional’ to ease lockdown with…
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11 May
Trouble ahead for retail vacancy rates, warns BRC
The British Retail Consortium (BRC) and Local Data Company has said the new BRC-LDC Vacancy Monitor has revealed that the…
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