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 -14 February
M&S to shutter two distribution centres putting almost 700 jobs at risk
Marks and Spencer has announced plans to shutter two of its distribution centres in spring 2021, putting nearly 700 jobs…
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14 February
Frasers Group backs BRC’s calls for government review of business taxes
Frasers Group has backed the campaign by the British Retail Consortium (BRC) and 52 other retailers calling for the government…
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13 February
Forever 21 rescued by landlords in £62m deal
Two of Forever 21’s largest landlords have reportedly been given the go-ahead to acquire the company out of bankruptcy in…
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13 February
Retail footfall bounces back in January after quiet December
Footfall in non-food stores in the UK fell by just 0.5% year-on-year in January according to Ipsos Retail Performance’s latest…
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12 February
Dunelm profits surge in half-year results
Homeware retailer Dunelm has reported a 19.4% increase in profits before tax to £83.6m for the half-year period ended 28…
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11 February
Administrations up 5% in 2019
The number of companies falling into administration across England and Wales increased by just under 5% in 2019, according to…
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10 February
WH Smith seeking overhaul on rent payment to landlords
WH Smith is reportedly urging its landlords to allow the retailer to delay its rent payments as it looks to…
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10 February
Shopping centre footfall rises for first time in three years
Consumers were “attracted back” to shopping centres in January, according to Springboard’s latest footfall monitor. Shopping centre footfall increased by…
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7 February
Retail jobs and applications plummet in January
The retail job market took a blow in the first month of 2020, with job numbers and applications both falling…
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7 February
Waterstones revenues soar in full-year results
Book retailer Waterstones has reported a 33% rise in profit before tax for the year ended April 2019, despite “a…
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