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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Apr- 2020 -30 April
M&S announces appointment of two non-executive directors
Marks and Spencer has announced the appointment of Tamara Ingram and Sapna Sood as non-executive directors, effective 21 May. Ingram…
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29 April
Online sales reach 10% of all UK grocery spend amid Covid-19 lockdown
The share of all grocery sales made online reached 10% in the last four weeks ending 18 April 2020, according…
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29 April
Shop prices fall 1.7% as non-food items suffer
Shop Prices fell by 1.7% in April, compared with the 0.8% decrease seen in March, making it the highest rate…
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29 April
Next warns of ‘faster and steeper’ hit to sales amid Covid-19 crisis
Retail giant Next has revealed the impact of the Covid-19 lockdown on trading has been “faster and steeper” than anticipated…
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29 April
Former Sainsbury’s exec set to head Waitrose
The John Lewis Partnership is poised to appoint a former Sainsbury’s executive to head up its food operations at Waitrose…
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28 April
Games Workshop to restart online sales amid Covid-19 lockdown
Games Workshop has revealed plans to restart online orders and trade sales in Europe and North America this week, amid…
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28 April
Tesco begins laying off some of its 45,000 temporary workers
Supermarket giant Tesco has reportedly begun laying off some of the 45,000 temporary workers it hired to help meet the…
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28 April
Marks and Spencer suspends dividends, secures funding
Marks and Spencer has announced it will not pay a dividend for the 2020/21 financial year in its latest effort…
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28 April
UK economy not expected to recover until 2023, study suggests
The UK’s economy is not expected to return to normal until 2023 due to the coronavirus pandemic, according to a…
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27 April
Chancellor announces 100% guarantee on small business loans
Chancellor Rishi Sunak has announced the launch of a new ‘bounce back’ emergency loan scheme for small businesses, which will…
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