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 -12 March
Crew Clothing to acquire Moss Bros
Fashion retailer Crew Clothing is to acquire Moss Bros in a £22.6m deal to take the company private. Under the…
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12 March
Covid-19 could knock £130m from sales, says WH Smith
WH Smith expects that full-year results will see an ‘adverse impact’ from the effects of coronavirus, with up to £130m…
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11 March
Debenhams CVA now free from legal challenges
Embattled department store chain Debenhams has announced that its CVA proposals will be upheld, as the time period for any…
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11 March
B&M completes £11m disposal of German business
B&M European Value Retail has announced the completion of its German business disposal following a strategic review of the business.…
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10 March
Calls for ‘discretionary business rates relief’ amid Coronavirus outbreak
Colliers International has called on the UK Government to consider and to fund a system of “discretionary rate relief” for…
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10 March
DFS sales slide amid ‘challenging’ conditions
DFS has announced that its group revenue fell by 5.7% to £488m in the half-year period ended 29 December 2019.…
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9 March
18,000 retail jobs lost in last two months
Almost 18,248 retail jobs have been lost in the past two months, with 1,211 shops also shuttered since the turn…
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9 March
Reiss sales rise 21.9% in full-year results
Fashion retailer Reiss has reported a 21.9% increase in sales to £227.4m in 2019, compared with £186.5m in 2018. For…
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9 March
Footfall slides in February
Hopes for a stronger footfall were “washed away” last month, according to the latest footfall monitor released by Springboard. The…
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6 March
February retail sales hit by poor weather and Coronavirus concerns
Total in-store retail sales declined by 0.9% in February, according to BDO’s monthly High Street Sales Tracker. The accountancy firm…
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