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 -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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6 February
63% of midlands shoppers want to support independents, survey reveals
A new survey on the shopping habits of residents in Birmingham, Derby, Leicester, Lincoln and Nottingham has revealed that 63%…
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5 February
Poundland sales jump in first-quarter results
Discount retailer Poundland has reported a 1.3% increase in like-for-like sales for the three-month period ended 23 December 2019. Poundland…
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4 February
Ikea reveals plans to shutter first UK store, 352 jobs at risk
Ikea UK has announced the proposed closure of its Coventry store in summer 2020, putting 352 jobs at risk. The…
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4 February
Former Poundland owner plans £3.8bn takeover of Pepco
Advent international, the former owner of Poundland, has reportedly teamed up with two rival equity firms to launch a takeover…
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3 February
Hawkin’s Bazaar confirms final stores closures
Embattled retailer Hawkin’s Bazaar confirmed its final store closures over the weekend as part of its administration process. The joint…
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