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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Jun- 2023 -8 June
John Lewis chair pledges return to profit before 2026
Sharon White, chair of the John Lewis Partnership, has promised that the company will return to profit before 2026, in…
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6 June
Retail sales slow despite bank holiday boost
The ONS has reported that UK total retail sales increased by 3.9% in the four weeks between 30 April and…
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May- 2023 -31 May
WHSmith raises guidance ahead of summer
WHSmith has announced that it is raising its profit guidance for FY23 as it hedges its bets on a strong…
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31 May
Summer bank holiday boosts UK footfall by 5.4%
Over the May summer bank holiday weekend, footfall increased by 5.4% across all UK retail destinations, according to the latest…
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31 May
B&M FY profits fall by 17% to £436m
B&M has reported that pre-tax profits fell by 17% to £436m in FY23, down from £525m the prior year. Despite…
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30 May
New Look names Deloitte to advise on £100m debt refinancing
New Look has reportedly appointed Deloitte to advise on its options for refinancing a £100m debt that is due to…
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26 May
Mango to open 13 new UK stores this year
Mango has announced an expansion across the south and centre of the UK, with 13 planned store openings over the…
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26 May
April retail sales rise by 0.5%
The Office for National Statistics has revealed that retail sales volumes rose by an estimated 0.5% in April, following a…
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25 May
Jeroboams to open tenth location
Jeroboams, London’s local wine merchant, has signed to open a new store at 336 King’s Road, marking its tenth location…
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25 May
Pets at Home profits fall despite increased revenues
Pets at Home has announced that its profit before tax has dropped 17.7% to £122.5m for the year ended 30…
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