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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Oct- 2024 -2 October
JD Sports profits drop 64.3% in H1 despite record sales of £5bn
JD Sports has reported that its profit before tax fell by 64.3% to £126m during the 26 weeks to 3…
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1 October
The Works ‘well-positioned’ for Xmas despite PBT drop
The Works has seen its profit-before-tax fall to £6.9m for the year ended 5 May 2024, down from £9m last…
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1 October
Greggs sales rise 10.6% in Q3
Greggs has reported “good” like-for-like sales growth over the Q3 ended 28 September, as total sales rose 10.6% and like-for-like…
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Sep- 2024 -30 September
Dreams sales jump 2.2% amid record store investment
Dreams has revealed turnover increased by 2.2% to £395.4m for the 52 weeks ending December 2023, following a period of…
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27 September
Wacoal Europe acquires Bravissimo
Bravissimo has been acquired by Wacoal Europe, a lingerie and swimwear manufacturer, for an undisclosed amount. Wacoal owns brands Freya,…
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26 September
Poundland owner sales fall amid supply chain disruptions
Poundland owner Pepco Group has reported that like-for-like revenues fell 3.1% during the fourth quarter, as a result of ongoing…
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24 September
Card Factory HY profits fall 43% amid rising wages
Card Factory has reported that adjusted profits before tax fell by 43% to £14.5m in the six-month period to 31…
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20 September
WHSmith to open 37 Toys’R’Us ‘shop-in-shops’
WHSmith has announced that it is set to open 37 new Toys“R”Us outlets inside its stores. It comes after the…
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19 September
Next acquires 16% stake in homeware brand Rockett St George
Next has acquired a 16% stake in homeware brand Rockett St George, further furthering the partnership following the licensing agreement…
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17 September
Søstrene Grene hails ‘most successful financial year on record’
Søstrene Grene said it is celebrating its “most successful financial year on record” as its profit-before-tax increased 15% to £24m,…
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