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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May- 2023 -22 May
Wilko eyes CVA to slash costs
Wilko is considering entering into a company voluntary arrangement (CVA) to renegotiate rents and possibly close some of its stores…
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19 May
Scottish shops report 10% decline in business rates
Scottish shops have seen a 10% drop in business rate bills, following a revaluation from the beginning of last month.…
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18 May
Shoezone to open Bury town centre store this May
Shoezone will launch a brand new, relocated store in Bury on 20 May, officially opening at The Rock, Unit E.…
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18 May
Pepco continues international expansion
Pepco has announced that it is set to launch in Portugal following its successful launch in Spain. The Poundland owner…
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16 May
Mamas and Papas launches resale and repair initiative
High street nursery retailer, Mamas and Papas, has launched a new ‘Loved for Life’ initiative, which offers a range of…
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16 May
Shoe Zone H1 profits halve despite revenue increase
Shoe Zone has announced that its profit before tax halved to £1.5m, down from £3.1m, for the 26 weeks ended…
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12 May
Rail strikes marginally impact footfall
Today’s rail strikes (12 May) have impacted footfall across the UK, with footfall down by -0.7% from last Friday. According…
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10 May
UK footfall falls 13% on Coronation Day but London welcomes boost
Last week saw mixed results for retailers as footfall dropped by 13.2% from results in 2022 on Coronation Day (6…
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9 May
M&S to further fund Nobody’s Child growth
Marks and Spencer has announced its plans to further fund the eco-conscious fashion brand Nobody’s Child as it continues to…
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9 May
Coronation Day footfall down by 20%
On Coronation Day, footfall across all UK retail destinations was -20.6% lower than the previous Saturday, and -24.6% lower between…
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