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 -7 December
Primark owner warns ‘trading was challenging’ for November
Primark owner, Associated British Foods has warned that trading for November was “challenging” for the clothing retailer. The group’s chairman,…
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6 December
Ted Baker launches investigation into CEO ‘hugging’ allegations
Fashion retailer Ted Baker has launched an investigation into harassment allegations against its founder and CEO Ray Kelvin, after reports…
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6 December
UK customers to boost retailers with £420 festive spend
New Christmas trading analysis from PwC has suggested UK shoppers are preparing to spend an average of £420 on Christmas…
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6 December
Clas Ohlson to close all UK stores axing 150 jobs
Home retailer, Clas Ohlson has announced it is to close all UK stores as it looks to focus on operations…
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5 December
Joules reveals ‘contingency plan’ for a hard Brexit amid strong H1 results
Fashion retailer Joules’ group revenue has increased by 17.6% to £113.1m for the first half 2019 financial year, covering the…
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5 December
Government clarifies details of new business rates relief
The Ministry of Housing, Communities and Local Government (MHCLG) has published guidance on the details of how business rates discounts…
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4 December
‘Tax the internet for the good of the high street’, Mike Ashley tells MPs
Sports Direct owner Mike Ashley has said online businesses should be taxed 20% in as soon as six months to…
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4 December
Footfall slumps following Black Friday weekend
High street footfall slumped by 5.5% in the week following the Black Friday weekend, according to figures from retail analysts…
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3 December
240 Crawshaw jobs saved following £1.4m deal
As many as 240 jobs at meat retailer Crawshaw have been saved following a £1.4m deal which will see its…
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3 December
McColl’s posts second profit warning amid ‘unprecedented supply chain disruption’
Convenience retailer McColl’s has announced that full-year profits are to come in below expectations as a result of “unprecedented supply…
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