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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Jan- 2019 -16 January
Jack Wills drafts in advisers
Fashion retailer Jack Wills has reportedly appointed accountancy firm EY to scrutinise and advise on its financial position. According to…
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16 January
The Works upbeat after strong Christmas revenue growth
Arts and crafts retailer The Works has reported a 15% increase in revenue in its half-year trade update, with like-for-like…
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15 January
M&S store closures to affect 1,045 jobs
Marks and Spencer has confirmed 17 stores which are set to close within its plans to shutter over 100 stores…
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15 January
The Entertainer stockpiling toys for no-deal Brexit
Toy retailer, The Entertainer has announced it is stockpiling an extra 100 containers of toys in order to prepare for…
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14 January
Richemont Europe blames French ‘social unrest’ for sales slowdown
Swiss retail group, Richemont Europe, has blamed French “yellow vest” protests for a slowdown in its sales. The group, which…
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14 January
Footfall drops for 13th consecutive month in December
Footfall declined for the 13th consecutive month in December, despite heavy discounting by retailers during the festive period. Overall footfall…
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14 January
New Look reveals plan to slash debt to £350m
High street retailer New Look has announced it has reached an ‘in principle’ debt-for-equity swap proposal with key stakeholders to…
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11 January
B&M shrugs off Christmas retail woes with strong revenue growth
Bargain retailer B&M has reported a 12.1% increase in group sales revenue growth for the 13 weeks to 29 December…
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11 January
Quiz issues profit warning
Fashion brand Quiz has issued a profit warning despite an 8.4% increase in group revenue in the six-week period from…
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10 January
M&S sales drop amid ‘difficult’ market
Marks and Spencer has reported a 2.7% drop in its total sales for the 13 weeks to 29 December 2018.…
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