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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Mar- 2020 -24 March
Covid-19: UK retail spending to fall by £12.6bn
The impact of the coronavirus pandemic will wipe £12.6bn from retail sales this year, according to the latest forecast by…
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24 March
Covid-19: Debenhams, Ted Baker and The Works latest to close stores
Debenhams, Ted Baker and The Works are some of the latest retailers to close stores amid the coronavirus pandemic sweeping…
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23 March
H.Samuel announces temporary store closures amid Covid-19 virus outbreak
High street jewellery store H. Samuel has announced the temporary closure of all its stores amid the recent outbreak of…
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23 March
Laura Ashley slashes 721 roles as 70 stores shutter
Embattled retailer Laura Ashley has shuttered 70 of its stores leaving almost 721 people out of work, administrator PWC has…
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23 March
Beaverbrooks to close all 69 stores amid Covid-19 outbreak
UK jeweller Beaverbrooks has revealed plans to shutter all 69 of its stores by 5pm today (23 March) amid the…
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20 March
Covid-19: Government to pay 80% of salary to staff unable to work
Chancellor Sunak Rishi has said the government will pay 80% of wages to employees who aren’t able to work due…
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20 March
Frasers Group issues profit warning and drops FY20 guidance amid Covid-19
Mike Ashley’s Frasers Group has issued a profit warning after revealing its board expects Covid-19 to cause a “significant disruption”…
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20 March
Ikea to temporarily shutter all UK stores amid Covid-19 pandemic
Ikea UK and Ireland has said it will temporarily close its stores to customers at 6pm on Friday 20 March,…
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20 March
TK Maxx closes UK stores amid Covid-19 virus outbreak
Discount store TK Maxx has become the latest retailer to take the decision to temporarily close its stores amid the…
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19 March
Next warns on coronavirus despite full-year sales growth
Fashion retailer Next has warned that sales could plummet in the coming weeks and months as the UK battles the…
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