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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Mar- 2019 -8 March
Mike Ashley moves to take control of Debenhams
Mike Ashley has announced plans to remove all the directors at Debenhams, except Rachel Osborne who was appointed in September,…
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6 March
Findel rejects Sports Direct’s takeover bid
Findel’s board of directors has unanimously rejected Sports Direct’s £139m bid it has, saying the offer “significantly undervalues” the company.…
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5 March
February retail growth hit by ‘Brexit uncertainty’
February retail growth was hit by “Brexit uncertainty” according to the BRC as on a total basis, sales increased by…
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1 March
Business rates appeals drop under ‘complicated’ system
Businesses are struggling with the new ‘check challenge appeal’ (CCA) business rates appeals system, according to rating experts at Colliers…
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Feb- 2019 -28 February
Shop workers face highest risk of redundancy, report finds
Retail workers are more likely to be made redundant and face a longer duration of unemployment compared with employees in…
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26 February
Angling Direct acquires Chapmans Angling for £1.4m
Angling Direct, the specialist fishing tackle and equipment retailer, has acquired fishing tackle retailer Chapmans Angling for £1.4m payable in…
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25 February
Jack Wills to sell four stores in order to cut costs
Fashion retailer, Jack Wills is to sell four stores in order to make up for a store expansion which saw…
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22 February
January posts lowest footfall decline in three years
January footfall declined 0.8% according to the latest data from Ipsos Retail Performance – the lowest decline in three years.…
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21 February
Laura Ashley issues fresh profit warning amid sales slump
Fashion and homeware retailer Laura Ashley has said its performance for the 2018 will “fall short of market expectations”, after…
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21 February
MPs call for business rates reform to save high street
The housing, communities and local government committee has said “dated policies” and an “unfair tax regime” needed reforming to allow…
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