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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Jan- 2020 -29 January
SCS CEO to depart following Christmas sales rise
The chief executive of furniture retailer SCS, David Knight, is to step down. Knight joined the business 32 years ago…
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28 January
Seasalt reports double-digit sales growth over Christmas
Cornish fashion retailer Seasalt has reported a 14% increase in overall sales for the five-week period ending 4 January 2020.…
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28 January
Intu continues disposals by offloading Spanish shopping centre
Shopping centre owner Intu has offloaded its second Spanish shopping centre as it attempts to fix its balance sheet. The…
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28 January
Over 31,000 retailers report signs of ‘significant financial distress’
The number of retail businesses in “significant financial distress” grew to 31,615 in the fourth quarter of 2019, according to…
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28 January
Sainsbury’s pledges to become carbon neutral by 2040
Sainsbury’s has announced it will commit £1bn towards becoming carbon neutral by 2040. The supermarket giant will use the £1bn…
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27 January
10,000 retail jobs lost in 2020
Almost 10,000 retail jobs have been lost in 2020 amid a “torrid” start to the new year, according to the…
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27 January
Iceland launches review of its management structure
Frozen food retailer Iceland has confirmed it has launched a review of its management structure, but has denied that any…
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27 January
Reiss reports 21% increase in Christmas sales
Fashion retailer Reiss has reported a 21% growth in sales during the seven-week Christmas trading period ending 18 January 2020.…
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27 January
McColl’s director to step down
McColl’s operating officer Dave Thomas has “confirmed his intention” to stand down from his role from the convenience store group.…
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24 January
Co-op faces equal pay claims from over 400 shop workers
Co-op is facing equal pay claims from over 400 employees, mostly female, who say they are underpaid compared to their…
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