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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Feb- 2020 -27 February
British homeware brand Olivia’s saves Houseology from collapse
Luxury furniture and homeware brand, Olivia’s, has completed a deal to buy Houseology, which went into administration last month. Olivia’s,…
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26 February
McColl’s profits down amid ‘softer market’ conditions
Convenience retailer McColl’s has reported a 1.8% decrease in revenues to £1.22bn, attributing store closures and “softer” market conditions to…
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25 February
Hotel Chocolat revenues soar in half-year results
British chocolatier Hotel Chocolat has reported a 14% increase in revenues to £91.7m for the half-year period ended 29 December…
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21 February
Phillip Day’s Peacocks acquires Bonmarché
Embattled high street retailer Bonmarché has been sold to Peacocks, part of Phillip Day’s Edinburgh Woollen Mill Group (EWM). According…
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20 February
Retail footfall buffeted by stormy weather in February
Storm Ciara, which hit the UK the weekend of 8 February 2020, saw UK retail footfall plummet by 15.3%. According…
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20 February
Laura Ashley reports ‘disappointing’ £4m loss
Fashion retailer Laura Ashley has reported losses before tax of £4m for the half-year period ended 31 December 2019. The…
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19 February
Beales to shutter 11 remaining stores
The administrators of Beales have announced the plans to close the department store chain’s remaining 11 stores and associated stock…
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19 February
Sports Direct ‘partially allowed’ to withhold private documents from FRC
The Court of Appeal has ruled to partially allow Sports Direct’s appeal to overturn a High Court ruling from 2018…
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17 February
M&S warns landlords it may close loss-making stores
Marks and Spencer has reportedly warned landlords that it will shutter loss-making stores, in a move that may see the…
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17 February
West country vacancy rates hits double-digits in 2020
The west country has seen the largest increase in retail vacancy rates in the UK, rising from 9.6% in 2016…
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