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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Jul- 2023 -17 July
DFS hits FY23 profit guidance amid record market share
Furniture retailer DFS has announced that it has hit its profit guidance of just over £30m for the year ended…
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13 July
Poundland owner reports positive growth of 12.5% in Q3
Pepco Group, the owner of Poundland, has reported that third quarter revenues hit €1.37bn (£1.17bn), up by 12.5% year-on-year, with…
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12 July
June footfall sees highest increase since 2009
High inflation and rising interest rates did not impact consumer activity across UK retail destinations last month, according to Springboard,…
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12 July
Shoezone ups profit guidance again after strong June sales
Shoezone has announced that it expects its profit for the year ending 2 October 2023 to be no less than…
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10 July
Primark to hire 100 staff ahead of Salisbury opening
Primark has begun a recruitment drive for 100 new team members ahead of its new store opening in Salisbury this…
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7 July
Virgin Wines agrees strategic partnership with WH Smith
Virgin Wines has announced it has signed a new strategic partnership with WH Smith Travel which will see it stocked…
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7 July
Heatwave dampens June footfall
Footfall fell -1.9% in the five weeks from 28 May to 01 July 2023 as hot weather meant that shoppers…
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5 July
Naked Wines appoints former founder as chair, delays FY results
Naked Wines has announced the appointment of founder and former CEO Rowan Gormley as its new chairman. The wine retailer…
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Jun- 2023 -30 June
WH Smith to not open any more high street stores
WH Smith chief executive Carl Cowling has told the BBC that the retailer will not open any more UK high…
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28 June
ProCook revenues fall 9.9% in FY23
Kitchenware brand ProCook has revealed that total revenues fell by 9.9% to £62.3m in the year ended 2 April, with…
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