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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May- 2019 -10 May
Select officially enters administration
Embattled retailer Select has officially entered administration, placing 1,800 jobs at risk. Business advisory firm Quantuma has been appointed as…
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9 May
Third of consumers feel ‘unvalued’ by retailers after purchasing
Over a third (34%) of consumers feel retailers don’t care about them after they’ve made a payment, a new report…
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9 May
Superdry issues profit warning as trading ‘continues to be weak’
Superdry has said its “trading performance continues to be weak” as the clothing retailer issued another profit warning in its…
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8 May
Wee Carpet Shoppe ad goes viral
A homemade advert starring a four-year-old girl promoting her grandad’s carpet store, the Wee Carpet Shoppe in Fife, Scotland, has…
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7 May
New Look reduces debts by £1bn
Fashion retailer New Look has announced it has reduced existing long term debt by £1bn to £350m, as part of…
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3 May
Sports Direct facing probe from financial regulators
Sports Direct is facing scrutiny from two financial regulators over its accounts and information relating to a possible bid for…
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Apr- 2019 -29 April
Arcadia secures help from HSBC
Arcadia, which is owned by Phillip Green, has secured help from HSBC in order to reassure suppliers as the retailer…
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29 April
Retail rents fall as pressure on sector continues
High street shop prime rents fell by 1% in the first quarter of the year, according to real estate company…
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24 April
Majestic Wine could sell all UK stores as it moves online
Specialist wine retailer Majestic Wine could sell all 200 of its UK stores as the business prepares to move its…
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23 April
Hot weather increases high street footfall over Easter weekend
High street footfall over the Easter bank holiday weekend increased by 6.5% on Friday, 1.2% on Saturday and 8.4% by…
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