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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Mar- 2025 -28 March
WHSmith agrees sale of high street arm to Modella Capital in £76m deal
Modella Capital has announced that it has acquired the UK high street operations of WHSmith, business based on an enterprise…
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27 March
Campaign urges Next, M&S and JD Sports to pay real living wage
The likes of Axa and Scottish Widows are backing campaign group ShareAction in its effort to make major high street…
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25 March
WH Smith completes refinancing amid plans to sell high street arm
WH Smith has successfully completed a refinancing, which includes its first US Private Placement (USPP) as well as a new…
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19 March
New TOFS owner eyes potential CVA and store closures
Modella Capital, the owner of The Original Factory Shop (TOFS), is reportedly working with Interpath Advisory on a potential company…
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18 March
Forever 21 files for bankruptcy in the US
Forever 21’s operating company has filed for bankruptcy protection in the US, the BBC has reported. The retailer confirmed in…
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17 March
Ex-Morrisons boss touted for B&M CEO role
Former Morrisons boss David Potts is reportedly among the leading candidates for the CEO role at B&M, according to The…
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13 March
Pets at Home puts 2,500 jobs under consultation to ‘simplify business’
Pets at Home has confirmed that it has put 2,500 jobs under consultation as it looks to streamline its store…
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13 March
Hobbycraft owner eyes potential restructuring
Hobbycraft owner, Modella Capital, has reportedly enlisted advisers from FRP to explore a restructuring at the crafts chain, Sky News…
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12 March
ProCook appoints new retail director
ProCook has announced the appointment of Joe Pennington as its new retail director. In the past Pennington has held key…
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12 March
Cake Box to acquire Ambala Foods for £22m
Fresh cream cakes retailer, Cake Box, has conditionally agreed to acquire Ambala Foods Limited, a UK-based manufacturer and retailer of…
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