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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Oct- 2018 -12 October
Boots sales fall 3% due to ‘decline in UK pharmacy funding’
Boots has announced a 3.4% fall in sales between June and August 2018 comparison with the same period last year.…
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12 October
Retailers could be forced to publish ethnicity pay gaps
Prime minister Theresa May has announced a series of measures to tackle ethnic disparities in the workplace, which includes the…
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11 October
WH Smith to close six stores as result of ‘business review’
WH Smith has announced it will close six stores as it looks to “restructure” its high street business, including operational…
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11 October
Levi’s posts double-digit Q3 sales increase
Levi Strauss and Co. has reported a 10% increase in retail sales during the twelve weeks to 26 August, as…
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10 October
Beauty brand Deciem shutters all stores following bizarre Instagram post
Beauty brand Deciem, has closed all its stores until 2019 following an Instagram post by its founder who alleged “almost…
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10 October
Wilko suffers £65m loss
Homeware retailer Wilko has posted a profit before tax loss of £65m in its latest financial results to the year…
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9 October
Consumer spending in September dips amid ‘summer hangover’
UK retail sales decreased by 0.2% on a like-for-like compared with September 2017, when it had increased 1.9% from the…
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9 October
H&M invests £15m stake in Klarna
H&M and Klarna have announced they have entered into a £15m global partnership as the Swedish clothing retailer acquires a…
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8 October
Quiz issues profit warning leading to 25% share tumble
Clothing retailer Quiz has released a profit warning, five months after announcing a revenue growth of 30%. Shares in Quiz…
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8 October
French Connection considering a potential sale
French Connection has confirmed it is considering the potential sale of the business as it is currently “reviewing all strategic…
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