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 -16 May
‘Royal wedding fever’ to boost retail spending by £195m
The royal wedding is set to boost retail sales across the UK by an estimated £195m by the end of…
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15 May
Mothercare to speed up store closures and job cuts
Mothercare have announced they are set to speed up the closure of stores and cutting of jobs, in order to…
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14 May
Poundworld suspends CVA as US owners receive expressions of interest
TPG Capital, the US owner of Poundworld, has delayed plans of a potential Company Voluntary Agreement (CVA) for the discount…
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14 May
Northern Ireland suffers most from UK retail struggles
Northern Ireland is suffering the worst of retail’s bad weather, showing a 7.3% drop in footfall and a retail space…
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14 May
Wet start to April dampens retail footfall
Footfall in April decreased by 3.3%, which is a significant decline compared to the 1.6% increase seen the previous year.…
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11 May
Superdry’s global revenue surges to £1.6bn
Fashion retailer Superdry global brand revenue surged by 22% to £1.6bn for the 12 months to 28 April. In a…
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10 May
Homebase receives bid from former Comet owner
Opcapita, the former owner of Comet has put in a bid of an undisclosed amount for Homebase according to Sky…
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10 May
Next defies gloom with Q1 sales growth
Fashion retailer Next has recovered from its “most challenging year” reporting a Q1 sales increase of 6% compared with last…
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9 May
Retail sales ‘fall off a cliff’ in April
Like-for-like sales fell by 4.2% in April, according to the British Retail Consortium’s (BRC) latest BRC-KPMG Retail Sales Monitor. Online…
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4 May
Over 500 jobs threatened as Virgin Media closes call centre
Virgin Media is set to cull over 500 jobs at a Swansea call centre as part of a shake up…
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