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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Aug- 2018 -7 August
Poundworld founder Chris Edwards says retailer was ‘badly managed’ by TPG
Chris Edwards, the founder of collapsed bargain retailer Poundworld, has criticised its owners TPG claiming they “badly managed” the chain.…
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7 August
New Look reports profit rise
New Look has reported it has stabilised its profits, supported by an overachievement of its cost savings. For the 13…
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6 August
Game and HMV report ‘impressive’ sales growth
Entertainment retailers HMV and Game have reported an increase in shares of physical entertainment sales for the 3 months to…
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6 August
House of Fraser able to proceed with store closures after legal row ends
House of Fraser has settled its legal row with landlords meaning it can proceed with plans to close 31 of…
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6 August
Footfall drops in July as customers avoid high street in heatwave
The heatwave drew customers away from the high street in July, as footfall fell by 10.8% compared with the same…
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3 August
Retail salaries hit a five-month high but majority still feel underpaid
Average salaries for retail roles hit a five-month high in July, as pay increased by 1.1% month-on-month according to new…
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3 August
Selfridges open ‘Christmas Shop’ four months before the festive period
Selfridges has opened its ‘Christmas Shop’ four months before the festive period, with the department store claiming the decision was…
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2 August
Scotland sees ‘disappointing’ retail sales rise
Scottish government figures have found that retail sales in the country have risen by 0.3% between April and June compared…
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1 August
C.banner pulls out of House of Fraser rescue
C.banner has pulled out its House of Fraser rescue deal worth £150m due to a dive in its share price.…
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1 August
Zara unveils new delivery plans to compete with Asos and Boohoo
Zara has announced new delivery plans in order to compete with Asos and Boohoo, the new plans will see it…
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