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 -2 July
Estate agents join high street casualties as insolvencies rise
Around 153 estate agents have gone insolvent in the last year, up from 148 the year before, according to a…
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2 July
Philip Green’s company fails to block BHS audit report
The parent company of Philip Green’s Arcadia retail empire, Taveta Investments, has failed to impose an injunction on the publication…
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2 July
Retail job losses make up almost half of 50,000 lost this year
Almost half of the 50,000 jobs lost in the UK this year have been in the retail sector, new figures…
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Jun- 2018 -29 June
Boots shares plunge 10% following Amazon medicine service acquisition
Shares in the parent company of pharmacy chain Boots, Walgreens Boots Alliance, have plummeted by 10% this morning following news…
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29 June
H&M profits plunge 22% prompting price cuts
H&M has reported a 22% drop in profits before taxation for the first half of the year, with its CEO…
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27 June
City centres ‘must break reliance’ on retail, says think tank
Too many city centres across England and Wales are over-dependent on retail, and must swap shops for offices, housing and…
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27 June
Costa Coffee sales dip 2% in Q1
Coffee chain Costa has reported a fall in like-for-like sales at the start of the year, blaming a lack of…
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26 June
Carpetright woes as CVA activity results in £70.5m loss
Carpetright has reported a £70.5m loss before tax as a result of the cost and accounting impacts of the group’s…
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26 June
EXCLUSIVE: Mattressman accounts ‘disaster’
Mattressman has revealed that it entered a Company Voluntary Agreement (CVA) due to “inaccurate management accounts”, which led the company…
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26 June
Clarks CEO resigns following conduct that ‘fell short’ of company expectations
The CEO of family-owned footwear retailer Clarks has resigned after his “conduct, conversations and expressions fell short” of company expectations.…
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