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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Nov- 2020 -2 November
Christmas footfall predicted to drop by 62%
Christmas footfall over the six weeks from Sunday 22 November to Saturday 26 December across all UK retail destinations will…
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Oct- 2020 -29 October
Frasers Group to open new ‘game-changing’ multi-brand store
Mike Ashley’s Frasers Group, is set to open a brand new multi-fascia store in Portsmouth this weekend, as part of…
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29 October
Shoe Zone to close fifth of stores over next two years
Shoe Zone has announced it expects to close a further 90 stores in the next 18 to 24 months, attributing…
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28 October
Next Q3 sales fall 17%
Fashion retailer Next has reported a 17.9% decline in Q3 amid the continued impact of the coronavirus pandemic. The firm…
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27 October
Clarks begins landlord talks over restructuring deal
Clarks has reportedly “kicked off” restructuring talks with landlords regarding store closures and rent cuts, according to Sky News. The…
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26 October
Mike Ashley considers Jaeger bid
Mike Ashley’s Frasers Group is reportedly considering the acquisition of “heritage” fashion brands Jaeger, Austin Reed and Jacques Vert from…
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21 October
Geek Retreat plans on opening 100 more stores
Games and fantasy company Geek Retreat has confirmed its plans to open another 100 stores over the next two years…
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19 October
11,000 shops closures since lockdown, double rate of last year
Shop closures in the UK have hit record levels with over twice as many net closures in the first half…
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16 October
Sales at Boots’ retail sites drop 30%
Sales at Boots’ retail sites reportedly fell by almost 30% in the quarter up to August as consumers chose to…
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16 October
Poundstretcher to open 50 new stores despite CVA plans
Poundstretcher is reportedly preparing to open 50 new stores in 2021, despite CVA proposals that have resulted in 50 store…
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