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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Jul- 2018 -19 July
Debenhams woes hit Sports Direct profits
Sports Direct has seen a 73% drop in pre-tax profit despite an increase in revenue thanks to its investment in…
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19 July
‘Phantom hours’ costing UK businesses £37m a week
A survey of shift workers in the retail, hospitality and leisure industries has found staff to be overstating their working…
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18 July
Hotel Chocolat reports another strong year of growth
Chocolate retailer Hotel Chocolat has a reported a 12% increase in revenue for the financial year ending July 1 2018.…
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17 July
Another 40 Poundworld stores to shutter
The administrators of Poundworld, Deloitte, have announced yet another wave of store closures bringing the total number of shuttered stores…
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17 July
Usdaw hits out at M&S for second time after 351 management roles cut
Trade union Usdaw has said that it will continue its campaign to be recognised as a representative for M&S workers…
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17 July
Sir John Timpson to advise government on high street future
Sir John Timpson has been appointed to chair a panel of experts to advise on how to improve the future…
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16 July
The Works to open 50 stores per year and plans to IPO
Discount retailer The Works has unveiled plans to float on the London Stock Exchange and open 50 new stores each…
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16 July
Footfall dips for seventh consecutive month despite World Cup boost
Retail footfall dipped for a seventh consecutive month in June, despite the boost in spending brought on by the World…
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13 July
Poundworld to shutter a further 80 stores
The administrators of Poundworld, Deloitte, have announced a further 80 store closures, in addition to the closure of 25 stores…
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13 July
Build-A-Bear Workshop ‘pay your age’ offer leads to ‘riots’
A ‘pay your age’ offer at Build-A-Bear Workshop has lead to “riots” at stores across the UK and America. The…
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