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- 2019 -11 February
18,722 retail jobs lost or at risk since Christmas day
Some 18,722 retail staff, 400 every single day, have either been made redundant or have had their jobs threatened since…
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8 February
61% of Brits worried high street will disappear in 10 years
Consumers are worried the high street is going to be lost completely due to the current store closures in the…
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7 February
Superdry reports ‘subdued’ store and online sales
Superdry has reported that store and online sales over the 13 week period ending 26 January were “subdued”. The Japanese-inspired…
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6 February
Currys PC World scolded by ASA over 10% off sale
Currys PC World has been reprimanded by the Advertising Standards Authority (ASA) over a “10% off marked price” sale, which…
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6 February
Brighthouse to close 30 stores
Rent-to-own retailer BrightHouse has announced it is to close 30 stores putting up to 350 jobs at risk. The news…
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6 February
Poundland sells 20,000 engagement rings in a week
Discount retailer, Poundland has announced it has sold 20,000 of its £1 engagement rings within a week of going on…
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5 February
Carpetright CFO to step down as sales fall
Carpetright has reported its like-for-like sales “remained negative” during the 13 week period ending 26 January and also revealed its…
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5 February
Oliver Bonas to open eight new stores in 2019
Fashion and jewellery retailer Oliver Bonas will open eight new stores in 2019, creating at least 80 new jobs as…
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5 February
HMV bought by Sunrise Records
HMV has been bought by Canadian record store chain Sunrise Records, the deal will save 100 stores and 1,487 jobs,…
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4 February
Mike Ashley acquires Sofa.com
Sports Direct owner Mike Ashley has acquired Sofa.com for a “nominal sum”, adding yet another business to his growing portfolio…
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