Former Sainsbury’s Executive Named As New Head Of Waitrose
James Bailey has been appointed as the new boss of Waitrose. Named as Executive Director, he essentially replaces Rob Collins who left his role...
John Lewis Mulls Keeping Some Stores Closed Permanently
John Lewis may not reopen all 50 of its department stores once the coronavirus lockdown ends as it tries to restructure the business to...
Shop Prices See Steepest Decline Since 2017 Despite Accelerating Food Inflation
Overall shop prices in the UK during April dropped at their steepest rate in over three years as retailers struggled with the impact of...
Next Warns Sales Will Fall ‘Faster And Steeper’ Than Expected In...
Next is cancelling its dividend and share buyback programme to save £480m as it warned sales would fall “faster and steeper” than previously feared...
Retail Industry Group In Ireland Threatens To Sue Insurance Firms Over...
A retail industry group is considering taking legal action against the insurance industry over alleged refusals to pay out to struggling shop owners over...
M&S Strengthens Liquidity To Cope With Impact Of Coronavirus
Marks & Spencer has moved to secure its liquidity for the duration of the coronavirus crisis after seeing both its food and non-food businesses...
KPMG Hired To Review Poundstretcher; Some Stores Could Close
Further reports have emerged about the troubles at discount variety chain Poundstretcher.
According to Sky News, the retailer has hired KPMG to advise on options...
Retail Sector Preparing To Reopen Doors But With Safety Measures In...
Whilst it still remains uncertain when the government will give non-essential retailers the green light to reopen their stores, firms are being offered advice...
Retailers Call On Government To Withdraw ‘Disastrous’ Business Rates Bill
A coalition of retail organisations today called on the government to ditch a business rates bill they say would be “disastrous” for the high...
Record Food Sales Fail To Offset Wider Retail Slump
Official data shows retail sales in March saw their sharpest fall since records began over 30 years ago after surging demand for groceries was...