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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Aug- 2019 -14 August
Steinhoff confirms refinancing after accounting ‘scandal’
Poundland owner Steinhoff has confirmed refinancing of €9bn (£8.3bn) of debt after the company was involved in an accounting ‘scandal’…
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14 August
Grant Thornton quits as Sports Direct auditor
Sports Direct has confirmed accountancy firm Grant Thornton is to step down from its role as auditor. Sports Direct said…
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13 August
UK can avoid no-deal ‘Brexit chaos’, says Next CEO
Next CEO Simon Wolfson has said he believes that the UK will avoid “serious disruption” in the case of a…
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13 August
Card Factory posts robust sales growth despite challenging environment
Greeting cards, dressings and gifts retailer Card Factory has reported a 5.5% increase in sales for the six months ending…
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13 August
Over 50 retailers sign letter demanding business rates fix
Over fifty major retailers have come together to demand the government takes action to fix the “broken” business rates system.…
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13 August
Dr Martens profits soar in full-year results
Profits and sales at footwear retailer Dr Martens continued to rise last year, EBITDA for the period soared by 70%…
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12 August
KPMG brought in by Schuh
Footwear retailer Schuh has called in accounting firm KPMG to assess its options after a “tough trading” period. According to…
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12 August
Shop vacancies at highest rate in four years
The number of vacant stores across the UK’s high streets has hit the highest level in over four years. According…
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12 August
Abercrombie and Fitch appoints new director
Fashion retail brand Abercrombie and Fitch has appointed Felix Carbullido as an independent director. Carbullido joined Abercrombie and Fitch on…
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11 August
Amazon launches latest Clicks and Mortar store in Edinburgh
Small Business support network Enterprise Nation, in partnership with Amazon, Square and Direct Line for Business, have opened its third…
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