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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Jan- 2020 -15 January
22,000 retail jobs lost in 2019 due to administrations
Almost 22,000 retail jobs were lost in 2019, according to new data from specialist finance broker firm ABC Finance. Some…
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15 January
Moody’s downgrades M&S credit score to negative
Moody’s has downgraded Marks and Spencer’s outlook from stable to negative after it reported a 0.7% decline in revenues in…
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14 January
Games Workshop profits soar in half-year results
Games Workshop has reported a 44% increase in profits before tax to £58.6m for the six months ended 1 December…
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14 January
DFS profits to meet expectations despite ‘challenging’ trading
Furniture retailer DFS has said it expects full-year profits to be “broadly in line” with market expectations of £50m-£53.6m, despite…
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13 January
December footfall hit by Black Friday
Footfall dropped 2.5% in December, according to the latest figures from Springboard’s footfall monitor and insights. The data provider said…
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10 January
Game to shutter 40 UK stores
Video game retailer Game has confirmed it intends to shutter 40 stores throughout the UK. To date, 13 sites have…
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10 January
B&M reports ‘slower performance than anticipated’ in its third quarter
B&M has reported a “slower performance than anticipated”, despite a 9.3% increase in group revenues during its third quarter. Over…
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9 January
M&S reports fall in festive sales revenues
Marks and Spencer has reported a 0.7% decline in revenues in its third quarter of the current financial year to…
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9 January
‘Worst year on record’ for retail, says BRC
Total retail sales decreased by 0.1% in 2019, compared with the 1.2% increase recorded in 2018, making it the “worst…
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8 January
Topps Tiles sales slump in first-quarter results
Topps Tiles has reported a 5.4% decrease in like-for-like retail revenues for the first 13 week period ended 28 December…
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