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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Aug- 2023 -7 August
Clintons could close fifth of stores to remain trading
Clintons could reportedly be set to close around a fifth of its stores in order to keep the company solvent.…
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7 August
Wilko in need of over £70m in potential rescue deal
The prospective buyers of Wilko, the discount home goods retailer that is facing permanent closure, will have to invest upwards…
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7 August
Card Factory ups profit outlook after positive H1
Greetings card retailer Card Factory has announced that it expects its profits for the year to be “materially ahead of…
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3 August
Wilko set to appoint administrators
Budget household and garden retailer Wilko has announced that it has filed a notice of intention to appoint administrators. The…
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3 August
July footfall drops for the first time since 2009
Footfall across UK retail destinations declined by -0.3% over the month from June to July 2023, marking the first time…
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3 August
Pets at Home revenues jump 7.9% to £436m
Pets at Home has announced that its group revenue rose 7.9% to £436.8m for the 16 weeks ended 20 July…
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1 August
Greggs profits jump 14.2% to £63.7m in H1
Bakery retailer Greggs has revealed that its underlying profit before tax excluding exceptional items increased 14.2% to £63.7m in the…
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Jul- 2023 -28 July
UK loses 6,000 storefronts in five years
The UK high street has lost over 6,000 storefronts in the past five years as the vacancy rate increased to…
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28 July
B&M secures three-year Bobby Arora commitment
B&M has announced that it has agreed a deal with group trading director Bobby Arora which will see him committed…
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27 July
Retail crime soars by 35% to record levels, Co-op warns
Retail crime has soared to “record” levels, with repeat offenders and criminal gangs operating with little consequences, the Co-op Group…
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