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 -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…
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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…
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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…
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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…
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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…
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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…
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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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