High Street
The latest news, updates and analysis on the the British High Street and UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Sep- 2024 -27 September
Wacoal Europe acquires Bravissimo
Bravissimo has been acquired by Wacoal Europe, a lingerie and swimwear manufacturer, for an undisclosed amount. Wacoal owns brands Freya,…
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26 September
Poundland owner sales fall amid supply chain disruptions
Poundland owner Pepco Group has reported that like-for-like revenues fell 3.1% during the fourth quarter, as a result of ongoing…
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24 September
Card Factory HY profits fall 43% amid rising wages
Card Factory has reported that adjusted profits before tax fell by 43% to £14.5m in the six-month period to 31…
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20 September
WHSmith to open 37 Toys’R’Us ‘shop-in-shops’
WHSmith has announced that it is set to open 37 new Toys“R”Us outlets inside its stores. It comes after the…
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19 September
Next acquires 16% stake in homeware brand Rockett St George
Next has acquired a 16% stake in homeware brand Rockett St George, further furthering the partnership following the licensing agreement…
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17 September
Søstrene Grene hails ‘most successful financial year on record’
Søstrene Grene said it is celebrating its “most successful financial year on record” as its profit-before-tax increased 15% to £24m,…
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17 September
Pret A Manger FY global sales hit £1.1bn for first time
Pret A Manger has reported a 10% increase in first-half sales to £569m, whilst also revealing that global sales hit…
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13 September
Retail industry is overtaxed, says BRC
The British Retail Consortium (BRC) has claimed that the retail industry is overtaxed compared with other sectors of the economy…
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12 September
Shop closures rise to 38 per day in 2024
An average of 38 shops closed down each day in the first six months of the year, according to new…
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11 September
WH Smith group sales rise 7% amid strong travel growth
WH Smith has reported a 7% rise in group revenues and 5% rise in like-for-like sales for the 12 months…
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