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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Apr- 2020 -23 April
Animal set to shutter entire UK estate by 2021
Fashion brand Animal is reportedly set to shutter its entire UK estate by 2021, placing almost 500 jobs at risk.…
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22 April
Cath Kidston shutters entire UK estate, over 900 staff made redundant
The administrators of Cath Kidston have confirmed that all 60 Cath Kidston stores in the UK have now closed, resulting…
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21 April
Cath Kidston bought out of administration by owner
Global lifestyle brand Cath Kidston has been bought out of administration by its parent company Baring Private Equity Asia (BPEA)…
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17 April
Laura Ashley appoints third administrator amid Covid-19 crisis
Embattled retailer Laura Ashley has appointed a third administrator amid growing pressure from the coronavirus pandemic sweeping the UK. PwC…
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16 April
Dunelm CEO takes 90% pay cut as company seeks coronavirus loan
Homeware retailer Dunelm has announced its CEO, Nick Wilkinson, has taken a 90% pay cut as it confirmed it is…
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14 April
Matalan owner reportedly seeking £60m amid store closures
The owner of Matalan, John Hargreaves, is reportedly seeking a cash injection of £60m to support the fashion retailer through…
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2 April
The Perfume Shop shuts online operations, affecting over 1,800 jobs
Fragrance retailer The Perfume Shop has announced the closure of its online operations amid the coronavirus outbreak, affecting over 1,800…
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1 April
JD Sports to withhold quarterly rent amid Covid-19 lockdown
Sports fashion retailer JD Sports has announced it is withholding its quarterly rent in bid to mitigate the effects of…
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Mar- 2020 -31 March
Poundland to temporarily close 32 UK stores amid Covid-19 outbreak
Discount retailer Poundland has announced the temporary closure of 32 of its stores amid the Covid-19 virus outbreak, resulting in…
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31 March
Consumer confidence slips in March
Consumer confidence in the UK decreased by two points to -9, according to the latest figures from the GfK. Within…
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