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 -12 November
KKR makes £70bn buyout proposal for Walgreens Boots Alliance
Walgreens Boots Alliance, the parent company of high street drug store chain Boots, has reportedly received a £70bn buyout offer…
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12 November
B&M profits plunge by 70% due to ‘disappointing’ German partner
Discount retailer, B&M has reported a 70% drop in profits from £59.5m to £32.3m during the first half of the…
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12 November
Retail staff ‘abused or assaulted’ over 21 times a year, says Usdaw
An average shop worker is verbally abused, threatened or assaulted more than 21 times a year, according to a new…
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12 November
Greggs raises profit forecast as sales jump 12.4%
Bakery chain Greggs has upped its profit forecast for 2019 after it reported “very strong trading” as its total sales…
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11 November
Clintons could close up to 66 stores
Greeting cards retailer, Clintons, has revealed plans to shut one in five of its UK stores, and is looking to…
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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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