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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Feb- 2024 -9 February
EE opens new Gateshead store amid £6m investment
EE has announced the opening of its latest Experience store in Gateshead, the fourth of 10 planned openings. The announcement…
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9 February
Waterstones pre-tax profits plummet amid tech issue
Waterstones revealed that pre-tax profits fell to £11.2m in the year ending 29 April 2023 from £50.6m reported last year,…
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5 February
Jeremy Hunt to review tourist tax ahead of Budget
Chancellor Jeremy Hunt has reportedly asked the Office for Budget Responsibility to look at whether the scrapping of VAT-free shopping…
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1 February
M Core acquires Princes Square in Glasgow
Commercial property and investment collective, M Core, has announced its acquisition of the Princes Square retail development in Glasgow city…
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Jan- 2024 -30 January
Pets at Home lowers guidance despite Q3 revenue jump
Pets at Home has lowered its underlying profit before tax guidance to around £132m despite the fact its group revenue…
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29 January
Retail accounted for 19% of 2023 UK administrations, study finds
The retail sector accounted for 19% of administrations in 2023 – the highest industry in the UK, according to analysis…
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26 January
WH Smith sees strong start to year as Travel sales rise
WH Smith has delivered a strong performance in the 20 weeks ended 20 January, with total revenues up by 8%,…
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23 January
Storm Isha dampens early week footfall
Battering winds from Storm Isha hit retail over Sunday and Monday with footfall across all UK retail destinations down -4.6%…
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22 January
John Lewis warns staff could face smaller pay rises
John Lewis has reportedly warned staff that they may face smaller pay rises under new salary policies as it continues…
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18 January
The Works losses widen to £7.8m amid ‘challenging’ market conditions
The Works has fallen to a pre-tax loss of £7.8m in its half-year results, following a period of “persistently challenging”…
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