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 -10 July
Home Bargains ‘underpaid staff £272k’
Discount retailer TJ Morris Limited, trading as Home Bargains, has failed to pay the national minimum wage to its staff…
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9 July
Matalan continues strong performance with 4.9% revenue boost
Fashion and homeware retailer Matalan has reported a 4.9% increase in revenue for the 13 weeks ending 26 May 2018.…
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9 July
Mothercare adds 10 store closures to CVA after Childrens World administration
Mothercare has earmarked another 10 stores for closure as part of its CVA bringing the total to 60 stores, after…
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6 July
UK Treasury rejects retailers’ business rates reform calls
The UK Treasury has today rejected calls from retailers who say business rates should be reformed to create a level…
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6 July
Poundworld founder urges ‘moral argument’ after administrators reject rescue bid
A rescue bid offer made by Poundworld founder Chris Edwards has been been rejected by appointed administrators Deloitte, who say…
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5 July
Retailers win court battle against Mastercard and Visa
The Court of Appeals has ruled in favour of four UK retailers who claimed that card fees charged by Mastercard…
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5 July
Primark defies high street strife with 6% sales boost
Budget fashion retailer Primark has reported a 6% increase in sales in the 40 weeks to 23 June compared with…
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5 July
England/Colombia World Cup win scores UK a £1.3bn economy boost
England’s penalty shootout victory against Colombia has given the UK economy a £1.33bn boost according to new figures. The figures…
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5 July
Superdry sees 22% revenue rise, announces ‘special dividend’
Clothing brand Superdry has posted a 22% rise in global brand revenue in its full-year results ending 28 April 2018…
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4 July
Topps Tiles to continue ‘tight cost control’ after Q3 sales dip
Topps Tiles has posted a further decrease in sales for the 13 weeks ending 1 July 2018, and said it…
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