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 -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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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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