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 -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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1 November
Phillip Day loses £5.7m equity following Bonmarche collapse
Phillip Day has lost his £5.7m equity investment in Bonmarche, following its collapse into administration last month. Spectre Holdings Ltd,…
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Oct- 2019 -31 October
Carpetright in talks with largest investor Meditor over potential sale
Carpetright has announced it is in talks with its largest investor Meditor over a potential sale of the business, as…
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30 October
Next Q3 sales affected by ‘unusually’ warm weather
Fashion retailer Next has reported a 6.3% decrease in retail sales for the three months to 26 October. The drop…
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29 October
Boots Q4 sales slip amid ‘challenging’ retail market
Health and beauty retailer Boots has reported a 2.1% decrease in sales in its fourth-quarter results, ending 31 August 2019.…
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28 October
Mothercare appoints KPMG as advisers
Mothercare has appointed ‘Big Four’ accountancy firm KPMG as advisers to help assess its options for its embattled retail business.…
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