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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Nov- 2019 -11 November
Brexit woes and wet weather dampen October footfall
Retail footfall faced further decline in the month of October, according to new figures from the BRC-Springboard Footfall and Vacancies…
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8 November
Mamas and Papas to close six stores as it enters administration
Mamas and Papas has announced job cuts and store closures after it entered administration and sold to Bluegem Capital in…
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6 November
Profits plummet at M&S as clothing sales slide
Marks and Spencer has announced a 17% drop in profits to £176.5m for the first half of the financial year,…
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6 November
2800 jobs affected as Mothercare ceases UK trading
Mothercare has announced it is to cease all trading within the UK, putting a potential 2800 jobs at risk. Operating…
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5 November
Footfall tumbles further in October
New figures from the Retail Traffic Index show a continued slide in footfall over the month of October. The figures,…
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5 November
Primark profits top £900m in 2019
Fashion retailer Primark has reported an 8% increase in operating profits to £913m, for the year ended 14 September 2019. …
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4 November
Sir Philip Green in talks with lenders to raise £300m before Christmas
Arcadia owner Sir Philip Green is reportedly in talks with specialist lenders about acquiring a £300m loan before Chritsmas in…
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4 November
Clintons in talks over possible CVA
Card and gift retailer Clintons could be eyeing up a potential CVA, after the retailer wrote to landlords last week…
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4 November
New flagship River Island store opens in Grosvenor Shopping Northampton
Fashion retailer River Island has opened a new flagship store in Grovesnor Shopping Northampton. The announcement comes from LGIM Real…
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1 November
Mike Ashley’s holding company sees profits plunge 80% in 2018
Mike Ashley’s holding company, Mash Holdings, saw pre-tax profits plunge by 80% to £20.9m in 2018, according to recently filed…
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