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.
-
Apr- 2018 -17 April
Primark posts ‘remarkable’ 4% rise in profits
Associated British Foods (ABF), the parent company of fashion retailer Primark, has posted a 1% increase in profit for the…
Read More » -
16 April
High street collapse down to higher business rates, says Colliers
Fifteen major retailers or restaurant groups have gone into CVA or administration in the twelve months since the April 2017…
Read More » -
16 April
March retail footfall sees steepest decline in eight years
Footfall in March decreased by 6%, compared with the positive rate of 1.3% seen in March 2017. There was no…
Read More » -
16 April
Debenhams expected to post big dent in half-year profits
Analyst consensus expects Debenhams to report a large decrease in its profits when it publishes its half-year results next week.…
Read More » -
13 April
Low-skilled jobs rebadged as apprenticeships by firms, says report
Employers are relabelling low-quality, low skilled and and often low-wage roles as ‘apprenticeships’, according to a new report. As part…
Read More » -
13 April
Hobbycraft appoints Tesco CEO as chairman
Arts and crafts retailer Hobbycraft has has appointed Tesco UK CEO Matt Davies as its new chairman. Davies is currently…
Read More » -
12 April
WHSmith profits dip as high street arm struggles
WHSmith has reported a dip in its profits for the six months ending February 28, as its high street trading…
Read More » -
12 April
Mothercare reports drop in Q4 like-for-like sales
Embattled retailer Mothercare has revealed its UK like-for-like sales declined by 2.8% in the group’s Q4 results. However, online sales…
Read More » -
12 April
Carpetright to close nearly a quarter of stores, affecting 300 jobs
Carpetright is preparing to close nearly a quarter of its 300 stores in a restructuring plan as it struggles to…
Read More » -
11 April
High street store openings at lowest level in seven years
New high street store openings have fallen to their lowest level since 2010, new research suggests. A report by retail…
Read More »
