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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Nov- 2018 -27 November
Pets at Home suffers 80% drop in pre-tax profits
Pet retailer Pets at Home has reported an 80.5% drop in pre-tax profits from £40.8m to £8m in its financial…
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26 November
Black Friday provided ‘little benefit to struggling high street’
This year’s Black Friday has done “little to help the struggling bricks-and-mortar stores throughout the UK”, according to data from…
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23 November
Rent-to-own market price cap proposed by FCA
The Financial Conduct Authority (FCA) are consulting on introducing a price cap in the rent-to-own (RTO) market to address harm…
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23 November
Wyevale Garden Centres sells five sites
Wyevale Garden Centres has sold five more of its stores as it continues plans to cut back its retail portfolio…
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22 November
Mothercare revenues down 13% in half-year results
Mothercare’s half year results for the 28 week period to 6 October 2018 saw revenues drop by 13% to £295m.…
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21 November
Crickhowell High Street crowned ‘UK’s best’ in Great British High Street Awards
Crickhowell High Street has been crowned the overall winner of the government-run Great British High Street Awards 2018. The Welsh…
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21 November
87% of Black Friday prices ‘aren’t the cheapest of the year’, says Which?
A year-long investigation by consumers association Which? has found that Black Friday prices “aren’t the cheapest of the year”, and…
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21 November
UK shoppers may spend £234 on average this Black Friday, says PwC
UK consumers are preparing to spend an average of £234 at the tills and online during this year’s Black Friday…
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20 November
UK sales predicted to grow 4% in December
New research predicts that December’s retail sales will reach £47.7bn, growing 4% when compared with last year when sales hit…
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19 November
Evans Cycles to close stores despite ‘almost all profitable’
Evans Cycles is set for store closures despite a recent administrators proposals document by accountancy firm PricewaterhouseCoopers (PwC) claiming “almost…
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