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High Street
May footfall boosted by bank holiday weekends, but cost pressures starting to show
Footfall strengthened in May to -13.7% below 2019, up from -15.9% in April 2022, according to the latest figures from…
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High Street
Lands End revenue dips 5% in Q1
Lands End has reported a net revenue decrease of 5.5% to $303.7m (£241.6m) in the first quarter of 2022, compared…
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High Street
Nike to consider exiting Russia after not renewing main franchise deal
Nike is reportedly considering exiting Russia permanently after not renewing its franchise agreement. According to reports first revealed by The…
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High Street
Frasers Group sells US retail businesses to GoDigital in £60m deal
Frasers Group has confirmed that it has disposed of its US retail businesses trading as Bob’s Stores and Eastern Mountain…
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High Street
Pets at Home reports record year as profits surge
Pets at Home has reported that its underlying pre-tax profits have surged 65.3% to £144.7m for the year to March…
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High Street
Harrods appoints chief financial officer
Harrods has appointed Tim Parker as its new chief financial officer for the group. He joins Harrods following 10 years…
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Economy
Moonpig to acquire Buyagift for £124m
Moonpig Group has announced the proposed acquisition of the entire issued share capital of Buyagift, the gift experiences platform, for…
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High Street
Retail sales rise by 1.4% in April
Retail sales volumes rose by 1.4% in April 2022 following a fall of 1.2% in March 2022, with sales volumes…
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High Street
French Connection launches own rental service
Global retailer French Connection has become the first major fashion brand to launch an on-demand rental service for latest-season stock…
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Supermarkets
Midcounties Co-operative announces £1m investment in retail crime prevention
Your Co-op Food, part of The Midcounties Co-operative, has announced a £1m investment as part of its ongoing commitment to…
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