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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May- 2018 -22 May
Tim Stacey named CEO of DFS
DFS, has announced that Ian Filby will be retiring as CEO to be succeeded by Tim Stacey, the current group…
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21 May
House of Fraser CVA could close up to half its stores
House of Fraser is expected to close around half of its UK stores as part of its upcoming Company Voluntary…
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21 May
M&S could close 40 more stores
M&S could close 40 more stores according to reports, bringing the total closed stores to 100 as it continues to…
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21 May
SME retailers see international payments double
Small and medium-sized retailers (SMEs) are responding to macroeconomic pressure in the UK by expanding internationally, according to a survey.…
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18 May
34 Carluccio’s restaurants to close after it announces CVA
Italian restaurant chain Carluccio’s has announced it is to close 34 restaurants as part of a recently announced company voluntary…
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18 May
Carpetright to issue shares to raise £60m fund ahead of CVA
Carpetright is to launch a proposed share issue in order to raise around £60m to help fund its restructure and…
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17 May
British Land submits plan for major retail development at Canada Water
Commercial property firm British Land has proposed a masterplan for a 1 million sq ft retail and leisure space at…
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17 May
Mothercare to shut 50 shops and restore CEO Mark Newton-Jones
Mothercare has announced as part of a Company Voluntary Agreement (CVA) it will shut 50 of its 137 stores with…
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16 May
Arcadia’s profits plummet by 42%
Arcadia Group’s parent company Taveta Investments has reported a 42% drop in the company’s profit for the year to 26…
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16 May
Moss Bros trading recovers slightly but sales struggles continue
Moss Bros has announced a slight improvement in its first quarter for 2018 despite its sales figures continuing to struggle.…
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