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- 2023 -27 November
Mountain Warehouse to open 50 stores in 2024 amid record revenues
Mountain Warehouse has revealed it will be opening a new branch every week in the run up to Christmas and…
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24 November
Mothercare PBT improves despite sales slide
Mothercare has revealed its profit before tax improved to £2m for the 26 week period ending 20 September, despite seeing…
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23 November
Rituals and Miniso open stores at Derbion
Midlands’ retail and leisure destination, Derbion, has announced that Rituals and Miniso have taken up leases. The news follows a…
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20 November
Go Outdoors revenues halve as operating costs bite
Go Outdoors profits almost halved from £21.5m to £13m for the year ending 28 January 2023. The retailer of outdoor…
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16 November
Mars acquires Hotel Chocolat for £534m
Mars has agreed to a takeover of Hotel Chocolat in a deal which values the business at £534m. The cash…
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13 November
Theft to cost retailers £7.9bn in 2023, study finds
It has been forecast that retail theft will cost UK retailers £7.9bn this year, according to new research by Thruvision…
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13 November
The Range losses widen to £11.7m in FY23
The Range has reported that losses have widened to £11.7m, falling more than 10% in the financial year ended 29…
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10 November
Majestic partners with Rest Less on over-50s staff recruitment
Majestic has announced a new partnership with Rest Less as part of a drive to attract a greater number of…
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9 November
The Works lowers guidance due to sales uncertainty
The Works has announced that it has lowered its full-year guidance to an adjusted EBITDA of approximately £6.0m due to…
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9 November
WH Smith revenues up 28% to £1.7bn in FY23
WH Smith has reported that total group revenues increased 28% to £1.7bn for the year ended 31 August, up from…
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