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 -22 January
Sainsbury’s CEO Mike Coupe to retire after six years
Sainsbury’s has announced its CEO Mike Coupe is set to retire this year, after almost six years in the role.…
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21 January
Dixons Carphone Christmas trading dragged down by mobile
Dixons Carphone’s trading results for the 10-week period ended 4 January 2020 has been dragged down by a 9% slump…
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21 January
The Dune Group CEO James Cox announces departure
The Dune Group’s CEO, James Cox, is set to depart from the shoe retailer on 9 March, after more than…
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21 January
Aldi hikes minimum wage
Aldi has announced it will implement “market leading” pay rates for its store colleagues. All employees will earn a minimum…
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21 January
Joules revenues hit by late Black Friday
Fashion retailer Joules has reported a 1.4% decrease in group revenue to £111.6m for the half-year period ended 24 November…
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20 January
Gordon Brown to receive nearly £1m following Links of London collapse
Restructuring firm Gordon Brown is set to receive a near £1m payout after it helped to close down British jewellery…
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20 January
Beales to vote on administration
Embattled department store chain Beales is on the brink of administration, with reports suggesting it will hold a meeting on…
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20 January
Intu seeks £1bn of emergency funds
Intu has announced it will seek to raise equity in its efforts to fix its balance sheet. The commercial real…
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17 January
Moss Bros sales slip in half-year results
Men’s fashion retailer Moss Bros has reported a 3% decrease in total sales for the 24-week period ended 11 January…
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17 January
Sector calls for action as 115 shop workers attacked every day
The retail sector has called for the government to take greater action in protecting shop staff after the British Retail…
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