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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Dec- 2018 -18 December
‘Record levels’ of discounting expected in Christmas lead up
UK consumers are benefiting from “record levels” of pre-Christmas discounting in 2018, according to analysis of more than 800,000 products…
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18 December
Brits to spend £1.65bn on last minute Christmas purchases
Some 14.9 million shoppers are expected to spend £1.65bn on last minute Christmas purchases, new research by discount code website…
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17 December
Dominic Chappell fined £124k for breaking pensions law
Former BHS owner Dominic Chappell has been fined £124,000 by the Hove Crown Court for breaking pensions law. According to…
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13 December
Russell and Bromley sees 55% profit plunge
Footwear retailer Russell and Bromley has announced a 55% fall in profits in the year to 31 December 2017. The…
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13 December
HoF acquisition dents Sports Direct profits
Sports Direct has reported a 27% fall in profits for the half-year period ending 28 October as it counts the…
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12 December
Superdry mulls store closures as profits drop 49%
Fashion retailer and brand Superdry has issued a profit warning after pre tax profits fell 49% to £12.9m in the…
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11 December
Carpetright swings to £11.7m loss in H1 results
Embattled retailer Carpetright has reported losses before tax of £11.7m for 26 weeks ending 27 October 2018, compared with the…
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11 December
Major retailers’ e-receipts ‘may break data protection rules’
New research has found that major retailers “may break data protection rules” for sending promotional marketing to shoppers who had…
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11 December
Poundstretcher posts profit decline
Discount retailer Poundstretcher overall profits for the financial year ending 31 March 2018 fell to £1.7m compared with the previous…
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10 December
Welsh high street retailers to get £2,500 each in business rate cuts
The Welsh government has announced it is to give retailers £2,500 each in business rate cuts. Finance secretary, Mark Drakeford…
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