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.
-
Aug- 2023 -25 August
HMV owner makes last-ditch bid for Wilko
Canadian businessman Doug Putman has reportedly made a last-ditch attempt to rescue parts of Wilko in a move that could…
Read More » -
24 August
Majority of Wilko stores to close ‘within weeks’
The majority of remaining Wilko stores are set to shutter “within weeks” and redundancies are expected to begin after the…
Read More » -
22 August
Cake Box like-for-like sales rise 6.8%
Cake Box’s franchisee stores reported a like-for-like sales increase of 6.8% for the first 17 weeks of FY24 ended 31…
Read More » -
16 August
Axing tourist tax would ease high street woes, says Pandora boss
Pandora UK&I general manager Rasmus Brix has said that in light of the cost-of-living crisis and ongoing train strikes, eliminating…
Read More » -
15 August
M&S expects FY profit growth as it ups market share
M&S has stated that it expects to see profit growth for the full year after seeing continued market share growth…
Read More » -
15 August
Wilko competitors consider bids for its estate
Wilko’s non-food market competitors Poundland, B&M, The Range and Home Bargains are reportedly among the companies looking to settle a…
Read More » -
15 August
Summer holidays sees high street footfall up 4.8%
Footfall across all UK retail destinations increased by 0.7%, driven by high streets where footfall rose by +4.8% from the…
Read More » -
14 August
Tourist tax hits London spending despite rise in visitors
Despite tourist numbers continuing to recover in 2023, the spending gap has widened compared to pre-pandemic levels, according to new…
Read More » -
11 August
Oxford Street crime wave driven by decline, says M&S chief
Sacha Berendji, operations director at M&S, has told the Telegraph that the recent surge in crime rates on London’s Oxford…
Read More » -
8 August
Gordon Brothers mulls potential Wilko rescue deal
The investment company, Gordon Brothers, which has backed high street retailer Laura Ashley, is in talks with Wilko’s advisers at…
Read More »
